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$370,688

NAL Estimated Property Value

7480 Dillon St, Houston, TX, 77061

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,397 Sq Ft
price_per_sqft$179.35 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate

Exterior

Lot Size32,500 sqft

Building Information

Year Built1942
Garage Spaces2

Land Information

APN0600140230002
Lot Number2
SubdivisionGarden Villas
Land UseResidential
Legal DescriptionLT 2 BLK 23 GARDEN VILLAS
Census Tract333600
Assessed Land Value$182,000
Assessed Improvement Value$188,688
Assessment Year2025

About this property

PRICE REDUCED!!! 2 Houses for the price of one! An Opportunity to own this beautiful, spacious renovated home in the desirable established Garden Villas. NEW; plumbing, electrical, water heater, windows, doors, kitchen, bathrooms and so much more on both houses. Country living in the city. An Incomparable opportunity that won't come again. Oversize 2 car garage with NEW remote garage doors. Light sensors in closets. Open concept floor-plan offers a huge second Family Room/Dining. APARTMENT: 2 BEDROOMS (16 X 14)(11 X 9), DINING AREA (12X8) LIVING ROOM(16X10), DECK. Location Location! Easy Access to 45 S, 610 S, 288, Beltway 8, and Hwy 35. Minutes from Downtown, All Stadiums, Tx Medical Center, U of H Main Campus, Ellington field, Hobby Airport, restaurants/bars, shopping centers, Gyms, spas, parks etc. Don't miss the opportunity to generate income on the second house updated beautifully. Car back access on both sides of the house. Call for your private tour.

Investor Tools

Property Icon
$370,688
Estimated Property Value
$303,365Estimated Mortgage Balance
$67,323Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,579 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$770/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,383
$370,688
2025
$182,000
$188,688
$370,688
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,383
$370,688

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zeus Mortgage Ltd
Commercial
$309,750
No
First
Mar 28, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,365
$67,323
18%
82%
$1,858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,858/mo
$-136/mo
5.6%

City: Houston

7480 Dillon St | Property Details | No Agent List