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$300,000

7318 Avenue J, Houston, TX, 77011

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,809 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.84 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Gas Oven, Free-Standing Range, Gas Cooktop, Dishwasher, Oven, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,500 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN0251670780031
Lot Number31
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionLT 31 BLK 78 MAGNOLIA PARK SEC 2
Census Tract311002
Assessed Land Value$56,250
Assessed Improvement Value$284,630
Assessment Year2025

About this property

This contemporary two-story home offers modern comfort in Houston’s rapidly growing East End. The open-concept first floor creates an inviting setting for everyday living and entertaining, connecting the spacious living and dining areas to a well-appointed kitchen with granite countertops, custom cabinetry, stainless steel appliances, a walk-in pantry, and a large island that serves as the heart of the home. Upstairs, all three bedrooms provide added privacy, along with a versatile bonus room that can function as a home office, game room, media space, or additional lounge. The primary suite features a generous walk-in closet with built-in shelving and drawers. Energy-conscious features include a tankless water heater, high-efficiency HVAC, and Low-E windows. Complete with an attached two-car garage and convenient access to Downtown, the University of Houston, METRORail, and major freeways, this home combines space, flexibility, and a central Houston location. Come make it your own!!

Investor Tools

$337,845Estimated Mortgage Balance
$4,490Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,045 /month
Positive
Cash Flow Estimate:
$682 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,753
$340,880
2025
$56,250
$284,630
$340,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,753
$340,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$358,945
No
First
Apr 29, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,845
$9,155
2%
99%
$2,066/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,066/mo
$-344/mo
6.1%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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7318 Avenue J | Property Details | No Agent List