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$956,115

NAL Estimated Property Value

7331 Avenue J, Houston, TX, 77011

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,739 Sq Ft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,501 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN0251740000008
Lot Number8-10
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionLTS 8 9 & 10 BLK 88 MAGNOLIA PARK SEC 2
Census Tract311002
Assessed Land Value$93,750
Assessed Improvement Value$862,365
Assessment Year2025

About this property

Great Lot in Magnolia Park with new construction next door. Be part revitalization Magnolia park. Subdivide lot and put at least 3 homes. Great for builder or investor for future building and no lots are available in the area.

Investor Tools

Property Icon
$956,115
Estimated Property Value
$325,535Estimated Mortgage Balance
$630,580Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,737 /month
Positive
Cash Flow Estimate:
$1,912 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,889
$956,115
2025
$93,750
$862,365
$956,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,889
$956,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$332,900
No
First
Feb 18, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$325,535
$630,580
65%
34%
$1,996/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,996/mo
$-274/mo
2.2%

City: Houston

7331 Avenue J | Property Details | No Agent List