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$173,000

NAL Estimated Property Value

7622 Rhobell Street, Houston, TX, 77016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,196 Sq Ft
price_per_sqft$163.04 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,440 sqft

Building Information

Year Built1960
Stories1
Garage Spaces4

Land Information

APN0824790000033
Lot Number33
SubdivisionScenic Woods
Land UseResidential
Legal DescriptionLT 33 BLK 6 SCENIC WOODS
Census Tract231400
Assessed Land Value$45,150
Assessed Improvement Value$124,172
Assessment Year2025

About this property

This beautiful home has 3 bedrooms, 2 full bathrooms and extra large 2 car garage with a huge car port! It has been recently updated including gorgeous tile flooring, interior paint, carpet, and lights/fans, etc. Fully remodeled 2 full bathrooms. Kitchen has new granite countertops, new appliances. Huge enclosed patio provides more living space. Fully fenced large backyard. This will be your dream home!

Investor Tools

Property Icon
$173,000
Estimated Property Value
$188,706Estimated 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
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,543
$169,322
2025
$45,150
$124,172
$169,322
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,543
$169,322

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$196,377
Yes
First
Mar 8, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,706
N/A
0%
109%
$1,178/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,178/mo
+$544/mo
11.9%

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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7622 Rhobell Street | Property Details | No Agent List