Last 24 Hours
$61,807
NAL Estimated Property Value7402 Alabonson Rd Unit 506, Houston, TX, 77088
Off Market
1 Beds
1 Bath
663 Sq Ft
Condos / Townhouses
$95.02 / sqft
Built in 1984Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 1
Bathrooms Full 1
Heating Central
CoolingAppliancesMicrowave
Building Information
Year Built1984
Land Information
APN1160770050006
SubdivisionInwood Pines Condo
Land UseResidential
Legal DescriptionUNIT 506 BLDG E .0122409 INT COMMON LAND & ELE INWOOD PINES CONDO
Census Tract532700
Assessed Land Value$11,743
Assessed Improvement Value$50,064
Assessment Year2025
About this property
Welcome home! This property has updated with fresh, airy paint throughout. Kitchen is beautifully lit with new granite countertops and freshly painted cabinets. Located in the newest part of the complex as soon as you drive in, this unit features a cozy fireplace and wood floors. Why lease when you can buy?
Investor Tools
$61,807
Estimated Property Value
$0Estimated Mortgage Balance
$61,807Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$378 /month
Positive
Cash Flow Estimate:
$126 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
$264/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$591
$61,807
2025
$11,743
$50,064
$61,807
No
Tax History
Year
Tax Paid
Assessed Value
2024
$591
$61,807
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$61,807
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$264/mo
+$831/mo
21.3%
12.4%