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$61,807

NAL Estimated Property Value

7402 Alabonson Rd Unit 507, Houston, TX, 77088

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths663 Sq Ft
price_per_sqft$101.81 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Refrigerator

Building Information

Year Built1984

Land Information

APN1160770050007
SubdivisionInwood Pines Condo
Land UseResidential
Legal DescriptionUNIT 507 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

Affordable, newly remodeled 1 bedroom, 1 bath DOWNSTAIRS unit. This property is conveniently located in Greater Inwood area. Includes refrigerator and electric oven. Open concept living and dining. It is located in a prime location with easy access to shopping, dining and major highways.

Investor Tools

Property Icon
$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
$405 /month
Positive
Cash Flow Estimate:
$135 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
$242/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
$242/mo
+$853/mo
21.3%

City: Houston