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Owner Contacts

$630,000

NAL Estimated Property Value

7803 Ella Lee Ln, Houston, TX, 77063

Off Market

3 Beds

2 Bath

1,741 Sq Ft

Single Family Residence

$298.68 / sqft

Built in 1956

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Range, Dishwasher, Oven

FlooringWood

Exterior

Lot Size9,239 sqft

Building Information

Year Built1956

Stories1

Garage Spaces2

Land Information

APN0881740000022

Lot Number22

SubdivisionBriarbend

Land UseResidential

Legal DescriptionLT 22 BLK 2 BRIARBEND

Census Tract431203

Assessed Land Value$410,400

Assessed Improvement Value$129,600

Assessment Year2025

About this property

This lovely Briarbend home is full of charm. The 3 bed, 2 bath home is situated on a large corner lot on a serene cul-de-sac street. The home features hardwoods throughout and an abundance of natural light. The backyard has a large patio deck which is the perfect place to relax and entertain. Full of numerous updates* and upgrades* which include hall bath remodel 2016 (previous owner), primary bath remodel (2016), new AC, ductwork, and heater (2016), new electric gate motor (2016), underground plumbing (2016), new electrical panel (2016), new hot water heater (2016), finished garage (2018), attic insulation (2018), painted exterior (2018), new garage door motor (2021), yearly oak tree maintenance by an arborist. Plus, zoned to Briargrove Elementary. *All updates and upgrades per seller.

Investor Tools

$630,000

Estimated Property Value

$438,829Estimated Mortgage Balance

$191,171Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,780 /month

Positive

Cash Flow Estimate:

$1,260 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$899/month

$490/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,640

$540,000

2025

$410,400

$129,600

$540,000

Tax History

Year

Tax Paid

Assessed Value

2024

$7,640

$540,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Mortgage Solutions Llc

Conventional

$477,850

First

Jan 14, 2022

Feb 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$438,829

$156,171

26%

70%

$2,865/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,980/mo

$3,355/mo

$-1,375/mo

3.8%

Learn About the Market: Opportunity in Houston

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