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$271,481

NAL Estimated Property Value

7603 Salge Dr, Houston, TX, 77040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,522 Sq Ft
price_per_sqft$148.42 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,547 sqft

Building Information

Year Built1975
Garage Spaces2

Land Information

APN1062300000026
Lot Number26
SubdivisionWoodland Trails North
Land UseResidential
Legal DescriptionLT 26 BLK 20 WOODLAND TRAILS NORTH SEC 6
Census Tract532502
Assessed Land Value$41,234
Assessed Improvement Value$230,247
Assessment Year2025

About this property

WOW!!! THIS BEAUTY IS BACK IN THE MARKET!!!This Home offers 3 Bedrooms and 2 baths all brick Home, with little TLC you could convert this property in your perfect Home, Very spacious living area connects with the dinning area and the kitchen, very spacious driveway, also huge backyard perfect for entertaining !!*Buyer to verify measurements and square ft & purchase survey* Seller doesn't have a Survey!! PICTURES COMING SOON!!!

Investor Tools

Property Icon
$271,481
Estimated Property Value
$249,992Estimated Mortgage Balance
$21,489Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,629 /month
Positive
Cash Flow Estimate:
$543 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,423
$271,481
2025
$41,234
$230,247
$271,481
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,423
$271,481

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$265,000
Yes
First
Apr 6, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,992
$21,489
7%
92%
$1,589/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,939/mo
$-217/mo
7.6%

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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