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$157,044

NAL Estimated Property Value

7438 Market St, Houston, TX, 77020

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,200 Sq Ft
price_per_sqft$229.17 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size5,001 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN0181530000015
Lot Number15,16
SubdivisionHouston Harbor
Land UseCommercial
Legal DescriptionLTS 15 & 16 BLK 91 HOUSTON HARBOR
Census Tract211501
Assessed Land Value$70,000
Assessed Improvement Value$87,044
Assessment Year2025

About this property

Take advantage of this incredible opportunity to own a well-established mechanic shop in a high-traffic, convenient location. This property is perfectly situated to continue serving a loyal customer base and grow your own successful business. Benefit from the existing clientele and solid reputation—just step in and make it your own. Ideal for automotive professionals or investors looking for a ready-to-go setup. Don’t miss your chance to bring your business to the next level!

Investor Tools

Property Icon
$157,044
Estimated Property Value
$100,407Estimated Mortgage Balance
$56,637Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,380
$157,044
2025
$70,000
$87,044
$157,044
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,380
$157,044

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jijem Inc
Commercial
$127,100
No
First
Jun 28, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,407
$56,637
36%
64%
$763/mo

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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7438 Market St | Property Details | No Agent List