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$242,000

NAL Estimated Property Value

7503 Sorbete Dr, Houston, TX, 77083

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,432 Sq Ft
price_per_sqft$162.71 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range
FlooringLaminate, Tile

Exterior

Lot Size8,032 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces1

Land Information

APN5040-02-004-0550-907
Lot Number55
SubdivisionMission West Sec 2
Land UseResidential
Legal DescriptionMISSION WEST SEC 2, BLOCK 4, LOT 55
Census Tract672604
Assessed Land Value$37,375
Assessed Improvement Value$190,032
Assessment Year2025

About this property

Beautiful Home at the end of a cul-de-sac. **Home features 3 bedrooms, 2 bath, a beautiful remodeled kitchen with granite countertops, Upgraded cabinets with soft closing drawers, High ceilings in the family room and kitchen, an extra room was extended to which has multitude of functions (as a den, a game room or 2nd family room). The Backyard is a wonderful spot for gatherings and a great size yard to inspire the Gardener in you. A covered patio for sitting or BBQ. Most of the home was recently painted. The property has mature trees and a nice garden. Variety of plants and Fruits. You will enjoy touring this property.

Investor Tools

Property Icon
$242,000
Estimated Property Value
$418,676Estimated Mortgage Balance
$242,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,591
$227,407
2025
$37,375
$190,032
$227,407
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,591
$227,407

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Fha
$221,906
Yes
First
Apr 14, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$418,676
N/A
0%
173%
$2,662/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,992/mo
$-1,270/mo
8.5%

City: Houston

7503 Sorbete Dr | Property Details | No Agent List