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$215,854

7328 Canal St, Houston, TX, 77011

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths962 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.35 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesElectric Oven, Gas Range, Refrigerator
FlooringLaminate

Exterior

Lot Size6,251 sqft

Building Information

Year Built1930
Garage Spaces1

Land Information

APN0251410000040
Lot Number40,41
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionLTS 40 & 41 BLK 48 MAGNOLIA PARK SEC 2
Census Tract310900
Assessed Land Value$84,375
Assessed Improvement Value$131,479
Assessment Year2025

About this property

MOVE IN READY 2 bedroom, 1 bath home located near the Houston Ship Channel in eastern Harris County. Freestanding home with a LARGE COVERED FRONT PATIO! FRESH PAINT, NEW FLOORS in the kitchen and dining rooms. All of the light fixtures were changed. As you walk into the home you are greeted by a large living area. The kitchen has plenty of countertop space, a stainless-steel range and a breakfast bar, also a NEW REFRIGERATOR! The home features both a breakfast nook and formal dining room that could also be used as a flex space. GAS & WATER ARE INCLUDED IN THE MONTHLY RENT! The home offers an easy commute to Highway 610 and Interstate 45.

Investor Tools

Property Icon
$215,854
Estimated Property Value
$0Estimated Mortgage Balance
$215,854Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,295 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,848
$215,854
2025
$84,375
$131,479
$215,854
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,848
$215,854

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$215,854
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
7.3%

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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7328 Canal St | Property Details | No Agent List