$248,000
NAL Estimated Property Value7613 Red Robin Ln, Houston, TX, 77075
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringTile
Exterior
Lot Size8,250 sqft
Building Information
Year Built1940
Stories1
Land Information
APN0812850000007
Lot Number7
SubdivisionRed Robin
Land UseResidential
Legal DescriptionE 75 FT OF LT 7 BLK 5 RED ROBIN
Census Tract333801
Assessed Land Value$33,000
Assessed Improvement Value$174,556
Assessment Year2025
About this property
Welcome to this cozy home that offers 4 bedroom, 2 bathrooms, open concept kitchen and is perfect for growing. This property sits on a large lot where the possibilities are endless. Want a bigger yard? If so, you are in luck. The next door lot is also for sale and can be combined to build your dream home or for a larger yard. Conventiantly located to shops, resteraunts, airport, downtown houston, and the Texas Medical center. Call and schedule your own private showing today.
Investor Tools
$248,000
Estimated Property Value
$195,697Estimated Mortgage Balance
$52,303Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,612
$207,556
2025
$33,000
$174,556
$207,556
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,612
$207,556
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Fha
$200,305
Yes
First
Apr 11, 2023
May 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,697
$11,859
5%
79%
$1,244/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,244/mo
+$982/mo
10.8%
