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1view

$191,000

7924 Elvera St, Houston, TX, 77012

Off Market

2 Beds

1 Bath

832 Sq Ft

Single Family Residence

$242.79 / sqft

Built in 1946

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating

Exterior

Lot Size5,001 sqft

Building Information

Year Built1946

Stories1

Garage Spaces2

Land Information

APN0521850000013

Lot Number13

SubdivisionElvera Court

Land UseResidential

Legal DescriptionLT 13 BLK 1 ELVERA COURT

Census Tract311502

Assessed Land Value$70,000

Assessed Improvement Value$53,710

Assessment Year2025

About this property

Great opportunity in Houston's East end Revitalized community with 832 sqft house on 5000 sqft lot. Stunning full renovated 2-bedroom, 1 bathroom. Totally new wiring, electric box, and new plumbing lines. Step into modern comfort with bright spacious living areas, contemporary flooring, and inviting dinning space. The updated countertop with an island and stylish fixtures. Bathroom features new vanity, modern lighting, and elegant finishes. Enjoy brand new ceiling fans throughout, and convenience space for a laundry area. Exterior updates include fresh paint on siding and garage, charming new front and back porches, and ample backyard space with several tress for entertainment. It's a concrete dray way for 2 car garage. Ideally positioned with easy access to Highway I 610 East, I 45 South and 225 Highway, just minutes to downtown Houston, shopping centers, restaurants, and Houston ISD schools. Ready for immediate moving.

Investor Tools

$191,000

Estimated Property Value

$156,602Estimated Mortgage Balance

$0Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,212 /month

Positive

Cash Flow Estimate:

$404 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$230/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$123,710

2025

$70,000

$53,710

$123,710

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$123,710

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Conventional

$156,602

First

Dec 4, 2025

Dec 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$209,948

N/A

110%

$1,269/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$1,269/mo

+$38/mo

8.2%

Learn About the Market: Opportunity in Houston

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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.

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