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$700,000

NAL Estimated Property Value

7803 Locke Ln, Houston, TX, 77063

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.8 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Dishwasher
FlooringTile, Wood

Exterior

Lot Size9,239 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN0881730000015
Lot Number15
SubdivisionBriarbend
Land UseResidential
Legal DescriptionLT 15 BLK 1 BRIARBEND
Census Tract431203
Assessed Land Value$348,840
Assessed Improvement Value$173,126
Assessment Year2025

About this property

Incredible updates grace this beautiful FOUR BEDROOM home situated on a huge corner lot in desirable Briarbend. Designer owned and boasts high-end light fixtures/wallpaper! Bright entry with accented ceiling leads to formal living and dining rooms. Fresh splashes of color create a beautiful setting in each space of the home. The expansive family room provides CUSTOM built ins and a seamless flow to the updated kitchen and breakfast room. Ease of access to the huge backyard from the family room is great for entertaining. Gracious primary boasts upgraded white marble bath (2019) and walk-in closet! Kitchen features stainless steel appliances, granite countertops, tons of storage and breakfast room with built-in seat + storage. Huge patio with pool sized back yard and TV. Roof replaced 2020. Zoned to BRIARGROVE ELEMENTARY! Walk to Briarbend park, shops and restaurants! Must see!!

Investor Tools

Property Icon
$700,000
Estimated Property Value
$258,090Estimated Mortgage Balance
$441,910Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$892/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,208
$521,966
2025
$348,840
$173,126
$521,966
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,208
$521,966

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Preferred Home Lending Llc
Conventional
$280,000
No
First
Mar 9, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,090
$453,910
63%
37%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,550/mo
$1,679/mo
+$871/mo
4.4%

City: Houston

7803 Locke Ln | Property Details | No Agent List