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Owner Contacts

$122,000

NAL Estimated Property Value

7311 Calais Rd, Houston, TX, 77033

Off Market

3 Beds

1 Bath

1,020 Sq Ft

Single Family Residence

$1.23 / sqft

Built in 1947

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Electric Range, Dishwasher

FlooringVinyl

Exterior

Lot Size6,438 sqft

Building Information

Year Built1947

Stories1

Garage Spaces1

Land Information

APN0751890080003

Lot Number3

SubdivisionSouth Park

Land UseResidential

Legal DescriptionLT 3 BLK 8 SOUTH PARK SEC 1

Census Tract332100

Assessed Land Value$78,247

Assessed Improvement Value$31,824

Assessment Year2025

About this property

Super cute 3 bedroom 1 bathroom newly remodeled home. This home has it all! New flooring throughout, new paint throughout. Big kitchen features new appliances and granite countertops. Bathroom is all new, new fixtures, new flooring, new paint. Spacious living area with lots of windows to let the sunshine in. 3 spacious bedrooms. Living areas have vinyl plank flooring and bedrooms have new carpet. Attached carport. Washer and dryer connections. Large backyard, mature trees. This home is located close to everything. Minutes away from the Medical Center, a short drive to the Galleria area, downtown, and Edo, for shopping, dining and entertainment. Make an appointment to see this home today. It won't last long.

Investor Tools

$122,000

Estimated Property Value

$103,892Estimated Mortgage Balance

$18,108Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$732 /month

Positive

Cash Flow Estimate:

$244 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$208/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,889

$110,071

2025

$78,247

$31,824

$110,071

Tax History

Year

Tax Paid

Assessed Value

2024

$1,889

$110,071

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amp Lending

Conventional

$116,000

First

Dec 31, 2020

Jan 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$103,892

$24,108

18%

85%

$696/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$696/mo

+$611/mo

12.9%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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