$260,604
NAL Estimated Property Value7430 Dillon St, Houston, TX, 77061
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesGas Range
Exterior
Lot Size32,500 sqft
Building Information
Year Built1942
Garage Spaces2
Land Information
APN0600140230007
Lot Number7
SubdivisionGarden Villas
Land UseResidential
Legal DescriptionLT 7 BLK 23 GARDEN VILLAS
Census Tract333600
Assessed Land Value$182,000
Assessed Improvement Value$78,604
Assessment Year2025
About this property
This property offers 32,500 sf of land near Hobby Airport and minutes from Downtown Houston. Come renovate or build your dream home on this beautiful plot of land in the rejuvenated and upcoming Garden Villas Neighborhood. The current home is a 3 bedroom, one bath house that is livable, but needs renovation. There is also a one bedroom, one bath garage apartment that needs a full renovation. Property is being sold for land value. Come and take a look.
Investor Tools
$260,604
Estimated Property Value
$159,631Estimated Mortgage Balance
$100,973Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,564 /month
Positive
Cash Flow Estimate:
$521 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,385
$260,604
2025
$182,000
$78,604
$260,604
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,385
$260,604
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas First Bank
Unknown
$162,000
No
First
Jul 10, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,631
$100,973
38%
61%
$972/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$972/mo
+$750/mo
7.9%
