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$238,938

NAL Estimated Property Value

7602 Turquoise Ln, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,633 Sq Ft
price_per_sqft$1.22 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
AppliancesGas Oven, Gas Range, Refrigerator, Dishwasher
FlooringTile

Exterior

Lot Size7,379 sqft

Building Information

Year Built1957
Stories1

Land Information

APN0841130000005
Lot Number5
SubdivisionLong Point Oaks
Land UseResidential
Legal DescriptionLT 5 BLK 2 LONG POINT OAKS
Census Tract520400
Assessed Land Value$160,380
Assessed Improvement Value$78,558
Assessment Year2025

About this property

Welcome to this lovely 3 bedroom, 1.5 bathroom home in the sought-after Spring Branch area. With an open concept layout and a chef-inspired kitchen featuring quartz countertops and custom cabinets, this home is perfect for entertaining. Say goodbye to carpet with tile throughout. Situated on a corner lot, the property boasts a spacious backyard for outdoor enjoyment. A backyard storage shed offers practical space for tools, hobbies or seasonal items. Conveniently located near major highways, this move-in ready home includes yard maintenance for added convenience. Don't miss out on this fantastic opportunity!

Investor Tools

Property Icon
$238,938
Estimated Property Value
$256,650Estimated 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
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,695
$238,938
2025
$160,380
$78,558
$238,938
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,695
$238,938

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$261,250
No
First
May 5, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,650
N/A
0%
107%
$1,567/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,567/mo
+$155/mo
8.6%

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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7602 Turquoise Ln | Property Details | No Agent List