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$240,357

NAL Estimated Property Value

7518 Lemon Tree Cir, Houston, TX, 77088

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,028 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.21 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,300 sqft

Building Information

Year Built1976
Garage Spaces2

Land Information

APN1059300030006
SubdivisionInwood Pines
Land UseResidential
Legal DescriptionRES C6 BLK 7 INWOOD PINES SEC 2
Census Tract533100
Assessed Land Value$51,694
Assessed Improvement Value$188,663
Assessment Year2025

About this property

This updated home sitting at the end of a cul-de-sac, features 2.5 bathrooms, two primary bedrooms, and one additional bedroom. The second you step inside, your eyes are immediately drawn to the soaring high ceilings. The first floor flows seamlessly from the large living room to the formal dining room to the kitchen and through the sliding glass doors to the large patio and storage shed in the private backyard. Floor two features two light-filled master bedrooms and an additional room for an office or guest room. With no side or back neighboring homes and a large gated entrance to the backyard with a covered carport, it provides easy access for those who might want to store a boat or trailer on their property. Upgrades include newer windows with a lifetime warranty, updated restrooms, new carpet, updated fireplace and mantle, new electrical outlets, new ceiling fans, and fresh paint. You pets can get an upgrade too with the perfect Texas dog house, its roomy and has its own AC unit!

Investor Tools

Property Icon
$240,357
Estimated Property Value
$247,002Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,921
$240,357
2025
$51,694
$188,663
$240,357
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,921
$240,357

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$264,127
Yes
First
Nov 30, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,002
N/A
0%
103%
$1,584/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,824/mo
$-102/mo
8.6%

Learn About the Market: Opportunity in Houston

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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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7518 Lemon Tree Cir | Property Details | No Agent List