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$179,000

NAL Estimated Property Value

7830 Colonial Ln, Houston, TX, 77051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,191 Sq Ft
price_per_sqft$138.54 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Laminate

Exterior

Lot Size4,099 sqft

Building Information

Year Built1945
Stories1

Land Information

APN0511520420009
Lot Number9,10
SubdivisionSunnyside Place
Land UseResidential
Legal DescriptionLT 9 & S 16 FT OF LT 10 BLK 42 SUNNYSIDE PLACE
Census Tract331100
Assessed Land Value$77,408
Assessed Improvement Value$83,389
Assessment Year2025

About this property

Come and see this recently renovated home with an open floor plan that flows nicely. Located just off of Hwy 288 and 610. Just 10 min. away for the Houston Medical Center, 10 min. away from the Houston Zoo, 8 min. to the NRG Stadium and 20 min away from Major Airport. Updates include a fresh paint job, replaced commodes, updated cabinets, granite countertops, recently replaced carpet in all bedrooms, Laminate Floors throughout, vanity lighting and faucets in restrooms and kitchen and much more. This home is move in ready and will move fast.

Investor Tools

Property Icon
$179,000
Estimated Property Value
$153,115Estimated Mortgage Balance
$25,885Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,287
$160,797
2025
$77,408
$83,389
$160,797
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,287
$160,797

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$159,600
No
First
Feb 13, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,115
$28,885
15%
86%
$957/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$957/mo
+$765/mo
11.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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7830 Colonial Ln | Property Details | No Agent List