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$245,000

NAL Estimated Property Value

7723 Folkstone Ln, Houston, TX, 77075

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,327 Sq Ft
price_per_sqft$105.43 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,299 sqft

Building Information

Year Built1964
Garage Spaces2

Land Information

APN0941930000010
Lot Number10
SubdivisionGulf Meadows
Land UseResidential
Legal DescriptionLT 10 BLK 7 GULF MEADOWS SEC 1
Census Tract333801
Assessed Land Value$56,448
Assessed Improvement Value$163,272
Assessment Year2025

About this property

A hidden GEM in ***Gulf Meadows***, Nice home with LARGER yard and seasoned trees, this quaint neighborhood, is in a prime location and this little BEAUTY is priced to move, needs little TLC, has brand NEW carpet, some touchups have also been done. This 3 bedroom 2 bath home has larger rooms and also very nice back yard with covered patio. Call us TODAY and don't miss out!!

Investor Tools

Property Icon
$245,000
Estimated Property Value
$187,369Estimated Mortgage Balance
$48,451Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,563
$219,720
2025
$56,448
$163,272
$219,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,563
$219,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$191,468
Yes
First
May 3, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,369
$33,631
15%
76%
$1,236/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,236/mo
+$486/mo
8.4%

City: Houston

7723 Folkstone Ln | Property Details | No Agent List