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$871,389

NAL Estimated Property Value

735 E 7th 1/2 Street, Houston, TX, 77007

$1,132,806 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths4,202 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$452.14 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size6,251 sqft

Building Information

Year Built1920
Stories1
Garage Spaces2

Land Information

APN0350280530016
Lot Number16
SubdivisionStude
Land UseResidential
Legal DescriptionLT 16 BLK 53 STUDES SEC 2
Census Tract510400
Assessed Land Value$562,500
Assessed Improvement Value$308,889
Assessment Year2025

About this property

The latest masterpiece from visionary builder David Gordon of Aspire Fine Homes offers an incredible blend of modern farmhouse style and flexible space in an incredible location! Boasting the latest in high-end features and designer finishes, this spectacular home enjoys 4 bedrooms and a game room up, an en-suite office plus a flex room down, and the perfect open-concept living space! Upon entering this gorgeous residence, you are greeted by the formal entryway stairwell filled with natural light! Down the short hall, you’ll pass the spacious en-suite office before the open concept design reveals the bar, dining, living, and kitchen! A beautiful covered back porch features a pass-through window to the kitchen as well as views of the huge 34x50 backyard! In addition to the 3 secondaries, the upstairs offers a walk-in utility room and two hall closets! The palatial master suite comes with a walk-in shower, soaker tub, double vanities, private water closet, and a spectacular 13x17 closet!

Investor Tools

Property Icon
$871,389
Estimated Property Value
$454,939Estimated Mortgage Balance
$416,450Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,132,806
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,399 /month
Positive
Cash Flow Estimate:
$3,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,446/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,989
$871,389
2025
$562,500
$308,889
$871,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,989
$871,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$510,000
No
First
Oct 28, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,939
$416,450
47%
52%
$3,058/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,058/mo
$-478/mo
3.6%

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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735 E 7th 1/2 Street | Property Details | No Agent List