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$344,000

NAL Estimated Property Value

7420 Ashburn St, Houston, TX, 77061

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,610 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.79 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Electric Cooktop, Dishwasher, Dryer, Washer
FlooringWood

Exterior

Lot Size28,000 sqft

Building Information

Year Built1926
Garage Spaces3

Land Information

APN0600070070013
Lot Number13
SubdivisionGarden Villas
Land UseResidential
Legal DescriptionLT 13 BLK 7 GARDEN VILLAS
Census Tract333600
Assessed Land Value$166,250
Assessed Improvement Value$112,369
Assessment Year2025

About this property

Beautiful 1926 home offers the strength of homes built in this era. This 3 bedroom home offers some updates on the interior and exterior and a huge lot in the city. Loft and additional main living area were added in 1970's with an additional fireplace. Den or sitting room in the front of the home. A large porch on the west side of the home provides a great spot for watching the Peacocks roam the neighborhood. Interior is livable but can use some updates. This would be a great opportunity for a purchase and upgrade while living in the home. The lot a little more than a 1/2 acre, with a mix of trees and grass. Pecan trees all over the property. Garage is two car detached with a 2 space carport. Garden Villas park is at the end of the street. This is quiet neighborhood with a mix of long term and newer residents. Tour this home and you will take a step back in time to see how well built homes were made.

Investor Tools

Property Icon
$344,000
Estimated Property Value
$187,571Estimated Mortgage Balance
$156,429Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,644
$278,619
2025
$166,250
$112,369
$278,619
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,644
$278,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$204,250
No
First
Jan 28, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,571
$160,429
46%
55%
$1,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,225/mo
+$497/mo
6.0%

Learn About the Market: Opportunity in Houston

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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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7420 Ashburn St | Property Details | No Agent List