1Days on Market

4view

$197,000

7527 Erath St, Houston, TX, 77023

On Market

Just Added

2 Beds

1 Bath

964 Sq Ft

Single Family Residence

$204.36 / sqft

Built in 1942

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating

AppliancesElectric Range

FlooringWood

Exterior

Lot Size5,502 sqft

Building Information

Year Built1942

Stories1

Garage Spaces1

Land Information

APN0660720050004

Lot Number4

SubdivisionMason Park Terrace

Land UseResidential

Legal DescriptionLT 4 BLK 2 MASON PARK TERRACE SEC C

Census Tract311200

Assessed Land Value$77,000

Assessed Improvement Value$116,084

Assessment Year2025

About this property

Great opportunity at 7527 Erath! This property offers a versatile layout with spacious living areas, wood floor and plenty of natural light, making it ideal for both homeowners and investors. Whether you're looking to move in and make it your own or add value with updates, this home has solid potential. The sizable lot provides room for outdoor enjoyment or future improvements, while the convenient location offers easy access to major highways, downtown Houston, shopping, and dining. Strong rental potential also makes this a great addition to any investment portfolio. Don’t miss your chance to own a property with flexibility, value, and upside— . seller will review all offers Sold "as is" present condition. this one is worth a look!

Investor Tools

$193,084

Estimated Property Value

$0Estimated Mortgage Balance

$193,084Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,182 /month

Positive

Cash Flow Estimate:

$394 /month

Interested in this property?

Rosy Gudino

HomeSmart

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$436/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,268

$193,084

2025

$77,000

$116,084

$193,084

Tax History

Year

Tax Paid

Assessed Value

2024

$4,268

$193,084

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$193,084

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

N/A

+$1,307/mo

8.1%

Learn About the Market: Opportunity in Houston

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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.

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