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$260,604

NAL Estimated Property Value

7430 Dillon St, Houston, TX, 77061

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,550 Sq Ft
price_per_sqft$141.61 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
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

Property Icon
$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

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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%

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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7430 Dillon St | Property Details | No Agent List