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$212,527

NAL Estimated Property Value

7859 Gatehouse Drive, Houston, TX, 77040

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,186 Sq Ft
price_per_sqft$144.1 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Electric Range, Dishwasher
FlooringTile

Exterior

Lot Size2,601 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN1147260010004
Lot Number4
SubdivisionCourtyard Homes 3
Land UseResidential
Legal DescriptionLT 4 BLK 1 COURTYARD HOMES 3 SEC 1
Census Tract532503
Assessed Land Value$43,940
Assessed Improvement Value$168,587
Assessment Year2025

About this property

Charming 2 bedroom, 2 bathroom, single-story home featuring an 1-car attached garage! Inside, you'll find neutral paint, wood-look tile throughout, a high ceiling in the living area with a fireplace, a formal dining, and the kitchen boasting granite countertops and a subway tile backsplash. There's also a utility room, and the primary bedroom includes an en-suite bathroom and a walk-in closet. The secondary bedroom and 2nd full bathroom make up the rest of the home while the fenced-in backyard offers a tiled covered patio, a wooden deck, and no rear neighbor for added privacy. This home is located across the street from the park/walking trail that leads to the pool and tennis courts as well as with proximity to Beltway 8 and Hwy 290! *Refrigerator present in the home will be at no charge; no guarantee of condition, functionality &/or warranty by Seller

Investor Tools

Property Icon
$212,527
Estimated Property Value
$148,066Estimated Mortgage Balance
$64,461Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,275 /month
Positive
Cash Flow Estimate:
$425 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
$230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,307
$212,527
2025
$43,940
$168,587
$212,527
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,307
$212,527

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$162,450
No
First
Sep 14, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,066
$64,461
30%
70%
$974/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,204/mo
+$103/mo
7.4%

City: Houston

7859 Gatehouse Drive | Property Details | No Agent List