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$178,610

7531 Mchenry St, Houston, TX, 77087

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths954 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.71 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesIce Maker, Gas Oven, Microwave, Gas Cooktop
FlooringLaminate, Wood

Exterior

Lot Size5,759 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0720320130020
Lot Number20
SubdivisionGreenway
Land UseResidential
Legal DescriptionLT 20 BLK 4 GREENWAY SEC 4
Census Tract332900
Assessed Land Value$55,296
Assessed Improvement Value$123,314
Assessment Year2025

About this property

Charming, remodeled 2 bed/1 bath home in the Greenway Subdivision. Agreeable front porch. Comfortable living area with natural sunlight that opens to the dinging area. Tidy kitchen with granite counters. Bedrooms connected by center hallway. Welcoming, covered back patio great for entertaining guests or a night of relaxation. Fully fenced back yard. This home is true beauty.

Investor Tools

Property Icon
$178,610
Estimated Property Value
$160,050Estimated Mortgage Balance
$31,084Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,072 /month
Positive
Cash Flow Estimate:
$357 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,061
$178,610
2025
$55,296
$123,314
$178,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,061
$178,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Conventional
$160,050
No
First
Mar 14, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,526
$31,084
17%
83%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$960/mo
+$347/mo
8.8%

Learn About the Market: Opportunity in Houston

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Explore

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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7531 Mchenry St | Property Details | No Agent List