$234,000
NAL Estimated Property Value7417 Avenue I, Houston, TX, 77011
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Ice Maker, Convection Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Refrigerator
FlooringLaminate, Tile, Wood
Exterior
Lot Size5,001 sqft
Building Information
Year Built1938
Stories1
Garage Spaces1
Land Information
APN0251660000015
Lot Number15,16
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionLTS 15 & 16 BLK 77 MAGNOLIA PARK SEC 2
Census Tract311002
Assessed Land Value$75,000
Assessed Improvement Value$149,022
Assessment Year2025
About this property
FOR SALE ONLY - WOW! Bright and beautiful elegant one story home with modern open plan and elegant finishes. Gorgeous open living area for family living and entertaining. This house is 3 bedrooms and 2 full baths. Wood floors throughout. Kitchen have new SS Appliances. Master bedroom with walk in closet and stunning master bath. Location is perfect just minutes away from downtown Houston, Medical Center and University of Houston. Call and set up a private showing today !
Investor Tools
$234,000
Estimated Property Value
$219,410Estimated Mortgage Balance
$14,590Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,529 /month
Positive
Cash Flow Estimate:
$510 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,640
$224,022
2025
$75,000
$149,022
$224,022
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,640
$224,022
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Fha
$245,471
Yes
First
Nov 16, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,410
$29,590
11%
94%
$1,472/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,472/mo
+$250/mo
8.8%
