$163,254
NAL Estimated Property Value7819 Sparta St, Houston, TX, 77028
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee Owner
Highlights
Interior
AppliancesGas Range
FlooringCarpet
Exterior
Lot Size7,841 sqft
Building Information
Year Built1946
Stories1
Garage Spaces2
Land Information
APN0350460160039
SubdivisionSumbardo
Land UseResidential
Legal DescriptionTR 8D BLK 16 SUMBARDO
Census Tract230900
Assessed Land Value$94,728
Assessed Improvement Value$68,526
Assessment Year2025
About this property
The property is being sold "as is," offering a great investment opportunity. It boasts a prime lot with various potential uses and is conveniently located near downtown areas. With its current condition and proximity, it presents an attractive option for investors looking to capitalize on its potential.
Investor Tools
$163,254
Estimated Property Value
$324,422Estimated Mortgage Balance
$163,254Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$980 /month
Positive
Cash Flow Estimate:
$327 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,748
$163,254
2025
$94,728
$68,526
$163,254
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,748
$163,254
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$166,920
Yes
First
Oct 16, 2024
Nov 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,422
N/A
0%
199%
$2,002/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,002/mo
$-695/mo
9.6%
