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$195,000

7420 Shotwell St, Houston, TX, 77028

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,044 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.78 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
AppliancesElectric Oven, Microwave, Electric Range
FlooringLaminate

Exterior

Lot Size10,716 sqft

Building Information

Year Built1930

Land Information

APN0660250080804
Lot Number804
SubdivisionTrinity Gardens
Land UseResidential
Legal DescriptionLT 804 BLK 8 TRINITY GARDENS SEC 2
Census Tract230200
Assessed Land Value$67,296
Assessed Improvement Value$40,233
Assessment Year2025

About this property

Welcome to 7420 Shotwell St! This 2016-built home features 2 bedrooms and 1 full bathroom and sits on a huge lot with plenty of possibilities. The property includes two addresses, 7420 and 7422 Shotwell St. The second address already has gas, water, and electricity utilities available, offering great potential for future development or additional new construction. Great opportunity for homeowners, builders, or investors looking for a property with extra space and possibilities. Conveniently located with easy access to major roads, shopping, and Downtown Houston. Buyer to independently verify utilities, building requirements, lot use, restrictions, and permitting with the appropriate authorities.

Investor Tools

$29,610Estimated Mortgage Balance
$130,390Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

Interested in this property?

Maria Bish

Keller Williams Preferred

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,190
$107,529
2025
$67,296
$40,233
$107,529
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,190
$107,529

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
General Holdings Group Llc
Unknown
$38,000
No
First
May 2, 2016
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$29,610
$130,390
81%
19%
$228/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$228/mo
+$1,079/mo
9.8%

City: Houston

7420 Shotwell St | Property Details | No Agent List