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$297,609

NAL Estimated Property Value

7722 Sorbete Dr, Houston, TX, 77083

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,579 Sq Ft
price_per_sqft$132.36 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Tile

Exterior

Lot Size7,675 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5040-02-006-0290-907
Lot Number29
SubdivisionMission West Sec 2
Land UseResidential
Legal DescriptionMISSION WEST SEC 2, BLOCK 6, LOT 29
Census Tract672604
Assessed Land Value$35,750
Assessed Improvement Value$261,859
Assessment Year2025

About this property

Perfect investment opportunity or buyer looking for a project with unlimited potential! This property offers an abundance of open living space and features three bedrooms and two full baths, with the primary bedroom located at the rear for added privacy. The flooring features a combination of carpet and tile. The property sits on an oversized lot in a cul de sac on a serene and peaceful street and boasts a spacious backyard. Despite being sold as is, this single-story house that is currently tenant occupied month to month, has plenty of potential for a savvy investor or a buyer seeking a renovation project with great value. Don't miss out on this fantastic opportunity!

Investor Tools

Property Icon
$297,609
Estimated Property Value
$253,613Estimated Mortgage Balance
$43,996Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,786 /month
Positive
Cash Flow Estimate:
$595 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,699
$297,609
2025
$35,750
$261,859
$297,609
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,699
$297,609

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$259,350
No
First
Feb 21, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,613
$43,996
14%
85%
$1,555/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,755/mo
$-33/mo
6.9%

City: Houston

7722 Sorbete Dr | Property Details | No Agent List