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$139,000

7318 Forrestal St, Houston, TX, 77033

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,093 Sq Ft
price_per_sqft$127.17 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size6,046 sqft

Building Information

Year Built1947
Stories1
Garage Spaces1

Land Information

APN0751890100027
Lot Number27
SubdivisionSouth Park
Land UseResidential
Legal DescriptionLT 27 BLK 10 SOUTH PARK SEC 1
Census Tract332100
Assessed Land Value$75,680
Assessed Improvement Value$33,435
Assessment Year2025

About this property

Charming 2-bedroom, 1-bathroom single-family home located in Houston's established South Park subdivision. Spanning 1,093 square feet of living space, this cozy single-story property sits on a 6,043 square foot lot. This home offers an excellent functional layout, making it a perfect starter home or a high-potential investment opportunity, with convenient access to local Houston thoroughfares: 610 Loop, I-45, and SH 288.

Investor Tools

$114,669Estimated Mortgage Balance
$31,331Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$876 /month
Positive
Cash Flow Estimate:
$292 /month

Interested in this property?

Michelle Arriola

HH Premier Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,785
$109,115
2025
$75,680
$33,435
$109,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,785
$109,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Javad And Diane Khosravi
Purchase Money Mortgage
$115,000
No
First
Jun 11, 2026
Jul 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,669
$31,331
21%
79%
$690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$690/mo
+$617/mo
10.7%

City: Houston