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Owner Contacts

$188,000

NAL Estimated Property Value

7850 Terra Cotta Dr, Houston, TX, 77040

Off Market

3 Beds

2 Bath

1,198 Sq Ft

Single Family Residence

$1.17 / sqft

Built in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher, Oven

FlooringLaminate, Tile

Exterior

Lot Size2,601 sqft

Building Information

Year Built1982

Stories2

Garage Spaces2

Land Information

APN1147260070019

Lot Number19

SubdivisionCourtyard Homes 3

Land UseResidential

Legal DescriptionLT 19 BLK 7 COURTYARD HOMES 3 SEC 1

Census Tract532503

Assessed Land Value$43,940

Assessed Improvement Value$139,212

Assessment Year2025

About this property

IMMACULATELY CLEAN and ready for immediate move in. You'll love the privacy of this patio home. Front door set back behind decorative iron gate. Fresh paint and beautiful laminate wood floors throughout - no carpet. Very open floor plan with living/dining combo. Living features fireplace for cozy winter evenings. Light and bright kitchen features white cabinets and updated countertops. 2 bedrooms up, both with their own private bath! Backyard with patio area. Within walking distance of the home you'll find the community pool, tennis courts and walking trails! Great location with easy access to both 290 and Bltwy 8 (Willowbrook area). No smokers (even outside) and no Section 8.

Investor Tools

$188,000

Estimated Property Value

$4,151Estimated Mortgage Balance

$183,849Estimated Equity

97% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,128 /month

Positive

Cash Flow Estimate:

$376 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$178/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,197

$183,152

2025

$43,940

$139,212

$183,152

Tax History

Year

Tax Paid

Assessed Value

2024

$1,197

$183,152

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Milestone Mtg Corp

Fha

$49,846

Yes

First

Nov 19, 1997

Dec 2027

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$4,151

$200,849

97%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

11.0%

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