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Owner Contacts

$160,585

7538 Bywood Street, Houston, TX, 77028

Under Contract

3 Beds

1 Bath

1,119 Sq Ft

Single Family Residence

$143.51 / sqft

Built in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesElectric Range

FlooringTile

Exterior

Lot Size7,671 sqft

Building Information

Year Built1956

Stories1

Garage Spaces1

Land Information

APN0790990020036

Lot Number36

SubdivisionWeyburn Place

Land UseResidential

Legal DescriptionLT 36 BLK 2 WEYBURN PLACE

Census Tract230800

Assessed Land Value$50,729

Assessed Improvement Value$101,013

Assessment Year2025

About this property

Welcome to this single-story home offering a functional layout and plenty of potential. The interior features a comfortable living and dining area that flows into the kitchen, creating a welcoming space for everyday living and entertaining. The floor plan includes three bedrooms and two full bathrooms, providing added convenience and flexibility. A dedicated laundry area enhances the home’s practicality. Situated on a generously sized lot, the property offers ample outdoor space. This property presents an excellent opportunity to create value and make it your own with a little TLC. Conveniently located near major roadways, shopping, dining, and everyday amenities.

Investor Tools

$281,016Estimated 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

$964 /month

Positive

Cash Flow Estimate:

$321 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$288/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,703

$151,742

2025

$50,729

$101,013

$151,742

Tax History

Year

Tax Paid

Assessed Value

2024

$2,703

$151,742

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Citibank Na

Commercial

$312,524

First

Mar 10, 2021

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$281,016

N/A

185%

$1,874/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$1,874/mo

$-567/mo

10.3%

Learn About the Market: Opportunity in Houston

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