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$234,909

7612 Avenue L, Houston, TX, 77012

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,159 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.07 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size2,500 sqft

Building Information

Year Built2023

Land Information

APN0251790000056
Lot Number30
SubdivisionMagnolia Park
Land UseResidential Single Family
Legal DescriptionLT 30 BLK 95 MAGNOLIA PARK SEC 2
Census Tract311100
Assessed Land Value$56,250
Assessed Improvement Value$178,659
Assessment Year2025

About this property

Welcome to this gorgeous new construction in the heart of EaDo! This thoughtfully designed one-story home offers 3 spacious bedrooms and 2 full bathrooms, high ceilings, crown molding, and a beautiful grand entry that instantly feels like home. The open-concept living and dining area flows perfectly for entertaining or everyday living. The kitchen is a dream—featuring modern cabinetry with glass doors, granite countertops, wood-look tile flooring throughout, and high-efficiency stainless steel appliances. The private primary suite offers high ceilings, a large walk-in closet, and a spa-like bathroom with a granite vanity and oversized shower. Located just minutes from Discovery Green, Downtown, restaurants, and entertainment, this home brings style, comfort, and convenience together in one perfect package. No HOA and move-in ready—don’t miss your chance to call this beauty home!

Investor Tools

Property Icon
$234,909
Estimated Property Value
$174,200Estimated Mortgage Balance
$60,959Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,919
$234,909
2025
$56,250
$178,659
$234,909
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,919
$234,909

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nqm Funding Llc
Conventional
$174,200
No
First
Apr 22, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,950
$60,959
25%
74%
$1,045/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,045/mo
+$677/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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7612 Avenue L | Property Details | No Agent List