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$218,000

NAL Estimated Property Value

7332 La Paseo St, Houston, TX, 77087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,401 Sq Ft
price_per_sqft$160.6 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop, Electric Range
FlooringTile, Wood

Exterior

Lot Size6,599 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0720920060006
Lot Number6
SubdivisionOakland Plaza
Land UseResidential
Legal DescriptionLT 6 BLK 14 OAKLAND PLAZA SEC 1
Census Tract332600
Assessed Land Value$46,200
Assessed Improvement Value$152,440
Assessment Year2025

About this property

Highly desired Oakland Plaza SE. Properties are selling fast! Cozy home, very reasonably priced. Kitchen updated, marble countertops, slate backsplash, granite island, soft close kitchen drawers, Window World Windows with transferrable lifetime warranty, Levolor Blinds and Shades, Interior Paint June 2022, Exterior paint/Aluminum/Vinyl siding 2021. Original Redwood floors, Large Primary Bedroom and secondary bedrooms, garage with work space/storage. Mailbox front door. Fresh air and nature, enchanting outdoor space with vibrant lush landscaping, the perfect chill out spot. Come add your personal touch.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$209,493Estimated Mortgage Balance
$8,507Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,156
$198,640
2025
$46,200
$152,440
$198,640
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,156
$198,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Mortgage Corp
Conventional
$225,625
No
First
Jul 18, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,493
$18,507
8%
96%
$1,353/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,353/mo
+$369/mo
9.5%

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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