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$159,000

NAL Estimated Property Value

7716 Challie Ln, Houston, TX, 77088

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,575 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$113.65 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,268 sqft

Building Information

Year Built1978
Stories2

Land Information

APN1057160020013
Lot Number13
SubdivisionInwood Forest
Land UseResidential
Legal DescriptionLT 13 RES F OUT OF RES C BLK 6 (AKA*TH 13 BLDG F FAIRWAY T/H PH 3 U/R) INWOOD FOREST SEC 13 R/P
Census Tract532700
Assessed Land Value$29,163
Assessed Improvement Value$122,274
Assessment Year2025

About this property

Wow, steal this beautifully updated Townhouse, best value in the neighborhood!! 2 bedrooms and two and a half baths. New Luxury Vinyl flooring in living, Kitchen has Granite countertops, tile flooring and new stainless steel appliances. Updated bathrooms with granite countertops. Fresh paint inside and out, new faucets and fixtures and brand new frieze carpet.

Investor Tools

Property Icon
$159,000
Estimated Property Value
$90,196Estimated Mortgage Balance
$68,804Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
$70/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,158
$151,437
2025
$29,163
$122,274
$151,437
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,158
$151,437

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Conventional
$94,800
No
First
Sep 12, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,196
$64,804
41%
57%
$569/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$639/mo
+$668/mo
9.9%

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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7716 Challie Ln | Property Details | No Agent List