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$249,000

NAL Estimated Property Value

7402 Newport Lane, Pearland, TX, 77584

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,368 Sq Ft
price_per_sqft$175.37 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,986 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces1

Land Information

APN2416-1003-011
Lot Number11
SubdivisionCambridge Lake Sec 1 Ph 2
Land UseResidential
Legal DescriptionCAMBRIDGE LAKE SEC 1 PH 2 (A0242 HT&BRR) (PEARLAND) BLK 3 LOT 11
Census Tract660705
Assessed Land Value$32,120
Assessed Improvement Value$212,920
Assessment Year2025

About this property

Welcome home to this cute D.R. Horton home located in the Cambridge Lake subdivision. Nice size backyard with a covered patio. Large family room opens to the kitchen/breakfast area. This home has a split floor plan with the primary bedroom located in the back of the home with an en-suite bath. With a little TLC, this would make a perfect home starter home or for someone who wants to downsize. Neighborhood located in the Pearland School District with Easy Access to Highway 288 and the Sam Houston Beltway 8. Located near shopping and many restaurants and conveniently located just 30 minutes to Downtown Houston. Schedule an appointment today!

Investor Tools

Property Icon
$249,000
Estimated Property Value
$211,801Estimated Mortgage Balance
$37,199Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$587/month
$424/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,799
$245,040
2025
$32,120
$212,920
$245,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,799
$245,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$227,700
No
First
Aug 12, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,801
$37,199
14%
85%
$1,366/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Pearland

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7402 Newport Lane | Property Details | No Agent List