Last 24 Hours
$200,000
7523 La Salette St, Houston, TX, 77021
$260,000 ARV
On Market
Just Added
2 Beds
1 Bath
2,331 Sq Ft
Triplex
$85.8 / sqft
Built in 1955Property Lead Type:
Must-SellARV FlipAbsentee OwnerHigh EquityVacant HomesMove-In Ready
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
HeatingFlooringLaminate
Exterior
Lot Size5,001 sqft
Building Information
Year Built1955
Land Information
APN0741510160001
Lot Number1
SubdivisionSouth End Sunnyside U/R
Land UseResidential
Legal DescriptionLT 1 BLK 16 SOUTH END SUNNYSIDE U/R
Census Tract313802
Assessed Land Value$120,000
Assessed Improvement Value$48,741
Assessment Year2025
About this property
Fully occupied TRIPLEX near Houston medical center surrounded by new constructions with long term tenants on a generous corner lot. Units are all 2 bedroom 1 bathroom. Maximize the potential of this income-producing multi-family ideally located just minutes Downtown, Medical Center & University of Houston. Investors can capitalize on the strength of the Houston rental market or re-build from the ground up! Rents are currently below market. SHHHH! Please DO NOT disturb the tenants. No showings until accepted offer.
Investor Tools
$0Estimated Mortgage Balance
$223,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$260,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,455
$168,741
2025
$120,000
$48,741
$168,741
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,455
$168,741
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$168,741
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
7.0%
12.4%