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$250,343

NAL Estimated Property Value

7723 Avenue K, Houston, TX, 77012

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,228 Sq Ft
price_per_sqft$97.72 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,001 sqft

Building Information

Year Built1952
Stories1

Land Information

APN0251780000013
Lot Number13,14
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionLTS 13 & 14 BLK 94 MAGNOLIA PARK SEC 2
Census Tract311100
Assessed Land Value$75,000
Assessed Improvement Value$175,343
Assessment Year2025

About this property

Great investment opportunity in the EADO! 3/2 with strong bones sits on a spacious 5,000 sqft lot. House needs some TLC but would polish up really well! Won't last call today!

Investor Tools

Property Icon
$250,343
Estimated Property Value
$189,258Estimated Mortgage Balance
$61,085Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,502 /month
Positive
Cash Flow Estimate:
$501 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,129
$250,343
2025
$75,000
$175,343
$250,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,129
$250,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Fha
$205,704
Yes
First
Feb 28, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,258
$61,085
24%
76%
$1,234/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,234/mo
+$992/mo
10.7%

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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7723 Avenue K | Property Details | No Agent List