$147,000
NAL Estimated Property Value7434 Lakewood Dr, Houston, TX, 77016
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size7,231 sqft
Building Information
Year Built1964
Stories1
Garage Spaces1
Land Information
APN0825170000024
Lot Number24
SubdivisionScenic Woods
Land UseResidential
Legal DescriptionLT 24 BLK 44 SCENIC WOODS
Census Tract231500
Assessed Land Value$52,221
Assessed Improvement Value$67,704
Assessment Year2025
About this property
Property being sold in "As Is Condition"Fix and Flip, or hold as a rental, this hidden GEM has LOTS of potential.... Excellent INVESTMENT property!! DO NOT MISS OUT....CALL US TODAY!!!
Investor Tools
$147,000
Estimated Property Value
$92,925Estimated Mortgage Balance
$54,075Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$882 /month
Positive
Cash Flow Estimate:
$294 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,446
$119,925
2025
$52,221
$67,704
$119,925
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,446
$119,925
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
7434 Lakewood Trust
Purchase Money Mortgage
$99,900
No
First
Aug 22, 2022
Sep 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,925
$57,075
38%
63%
$599/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$599/mo
+$1,123/mo
14.1%
