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$221,817

NAL Estimated Property Value

7402 Wiley Rd, Houston, TX, 77016

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,224 Sq Ft
price_per_sqft$124.18 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,668 sqft

Building Information

Year Built1964
Stories1
Garage Spaces2

Land Information

APN0825220000025
Lot Number25
SubdivisionScenic Woods
Land UseResidential
Legal DescriptionLT 25 BLK 49 SCENIC WOODS
Census Tract231500
Assessed Land Value$53,263
Assessed Improvement Value$168,554
Assessment Year2025

About this property

Look at this 3-1 bath set on a quiet street in Scenic Wood. The garage has been converted to make for a cozy 4th bedroom or family room.Two car carport. A spacious utility building has been added to the rear of the home.

Investor Tools

Property Icon
$221,817
Estimated Property Value
$143,802Estimated Mortgage Balance
$78,015Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,331 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$428/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,030
$221,817
2025
$53,263
$168,554
$221,817
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,030
$221,817

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$147,283
Yes
First
Jan 14, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,802
$78,015
35%
65%
$884/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$884/mo
+$838/mo
9.3%

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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7402 Wiley Rd | Property Details | No Agent List