Last 24 Hours
$261,903
NAL Estimated Property Value7744 Sherman St, Houston, TX, 77012
Off Market
3 Beds
2 Bath
1,008 Sq Ft
$145.83 / sqft
Built in 1930Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Heating Central
CoolingExterior
Lot Size2,500 sqft
Building Information
Year Built1930
Land Information
APN0251070000046
Lot Number46
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionLT 46 BLK 14 MAGNOLIA PARK SEC 2
Census Tract311100
Assessed Land Value$56,250
Assessed Improvement Value$205,653
Assessment Year2025
About this property
*INVESTMENT OPPORTUNITY* This 2 bed / 1 Bath home sits in Magnolia Park where tons of revitalization is going on. Whether you're an investor or looking for a home to remodel / rebuild, the opportunities are endless. Sitting on 2 2500 sq foot lots, you can either split them back up or use the given space to build or remodel your home.
Investor Tools
$261,903
Estimated Property Value
$0Estimated Mortgage Balance
$261,903Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,571 /month
Positive
Cash Flow Estimate:
$524 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,671
$261,903
2025
$56,250
$205,653
$261,903
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,671
$261,903
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$261,903
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
7.9%
12.4%