Last 24 Hours
$310,978
NAL Estimated Property Value7808 Ford St, Houston, TX, 77012
Off Market
2 Beds
2 Bath
1,314 Sq Ft
$106.47 / sqft
Built in 1940Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 2
Heating Central
CoolingAppliancesGas Oven, Free-Standing Range, Gas Range, Oven
Exterior
Lot Size5,001 sqft
Building Information
Year Built1940
Garage Spaces1
Land Information
APN0252410000016
Lot Number31,32
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionLTS 31 & 32 BLK 253 MAGNOLIA PARK SEC 2
Census Tract311100
Assessed Land Value$75,000
Assessed Improvement Value$235,978
Assessment Year2024
About this property
Magnolia Park - Great Opportunity on this Investor Special - 3 Bedroom - 2 Bath - Detached Garage - Concrete Driveway - 5,000 SF Lot - Fully Fenced - Good Bones - Could be a Quick Rental with a little TLC - or - Money Maker as a Rehab project - Selling As-Is - Recently vacated March 15th - NOTE: HCAD records show 13,250 SF Land Area - Only 5,000 SF will be sold with 7808 Ford St - The balance of land, 8,250 SF, faces Goode St and being sold separately (MLS# 32907416).
Investor Tools
$310,978
Estimated Property Value
$0Estimated Mortgage Balance
$310,978Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,866 /month
Positive
Cash Flow Estimate:
$622 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,074
$310,978
2024
$75,000
$235,978
$310,978
No
Tax History
Year
Tax Paid
Assessed Value
2023
$4,074
$310,978
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$310,978
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
6.6%
12.4%