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$290,000

NAL Estimated Property Value

7338 Carew St, Houston, TX, 77074

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,657 Sq Ft
price_per_sqft$138.81 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size7,318 sqft

Building Information

Year Built1964
Stories1
Garage Spaces1

Land Information

APN0924080000029
Lot Number29
SubdivisionSharpstown
Land UseResidential
Legal DescriptionLT 29 BLK 11 SHARPSTOWN SEC 3
Census Tract422800
Assessed Land Value$107,400
Assessed Improvement Value$145,164
Assessment Year2025

About this property

Charming, freshly painted 4-bedroom, 2-bath home with 20'' diagonal tile in entry, den, & kitchen & tile/hardwood floors in other areas. No carpet in this home! Neutral paint, ceiling fans, updated lighting, granite counters, wood wall panel, brick walls & diamond cased windows combine a modern feel with the original charm. Kitchen has new cabinets, granite counters, a stainless gas range & microwave. Both bathrooms have tile floors and tub surrounds, as well as upgraded cabinets and granite counter-tops. Hot water heater is located in the garage, not the attic, so no climbing up to the attic to access this hot water heater! Want to save on electricity? Take advantage of the clothes line in the back yard to allow your clothes to dry naturally. Adorable covered front porch and a perfect sized backyard for someone who wants to enjoy the outdoors. Yard is flat with mature shade trees and fully fenced. Walking distance to HBU and Memorial Hermann.

Investor Tools

Property Icon
$290,000
Estimated Property Value
$197,949Estimated Mortgage Balance
$92,051Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$685
$252,564
2025
$107,400
$145,164
$252,564
No

Tax History

Year
Tax Paid
Assessed Value
2024
$685
$252,564

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Fha
$221,906
Yes
First
Oct 22, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,949
$69,051
25%
68%
$1,331/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,331/mo
+$391/mo
7.1%

City: Houston

7338 Carew St | Property Details | No Agent List