$178,000
NAL Estimated Property Value7707 Lakewood Dr, Houston, TX, 77016
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesMicrowave
Exterior
Lot Size7,741 sqft
Building Information
Year Built1968
Stories1
Garage Spaces1
Land Information
APN0824890000015
Lot Number15
SubdivisionScenic Woods
Land UseResidential
Legal DescriptionLT 15 BLK 16 SCENIC WOODS
Census Tract231400
Assessed Land Value$45,338
Assessed Improvement Value$94,033
Assessment Year2025
About this property
OWNER/AGENT. NICE COMPLETELY RENOVATED COZY HOME WAITING FOR A BUYER. HOMES HAS BEEN RENOVATED TO INCLUDE NEW WINDOWS, APPLIANCES, NEW FLOORING, TUB BATH FIXTURES KITCHEN CABINETS, HOT WATER HEATER, ROOF, AC UNIT, an additional slab attached to the back of the home ready for an add-on AND MUCH MORE. THANKS FOR SHOWING! Rooms sizes are approximate.
Investor Tools
$178,000
Estimated Property Value
$142,860Estimated Mortgage Balance
$35,140Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,514
$139,371
2025
$45,338
$94,033
$139,371
No
Tax History
Year
Tax Paid
Assessed Value
2020
$2,514
$139,371
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$158,565
Yes
First
Mar 8, 2021
Apr 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,860
$39,140
21%
80%
$951/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$951/mo
+$771/mo
11.6%
