$173,000
7924 Way St, Houston, TX, 77028
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range
FlooringTile
Exterior
Lot Size7,802 sqft
Building Information
Year Built1950
Stories1
Garage Spaces1
Land Information
APN0761180190334
Lot Number334
SubdivisionParkhurst Estates
Land UseResidential
Legal DescriptionLT 334 BLK 19 PARKHURST ESTATES SEC 2
Census Tract231000
Assessed Land Value$67,155
Assessed Improvement Value$54,728
Assessment Year2025
About this property
Plenty of potential in this 4-bedroom, 2-bath home featuring a spacious yard and covered carport. Updates include refreshed bathrooms and a kitchen bar, adding nice appeal. Enjoy the freedom of no HOA and a convenient location close to major roads, shopping, and dining.
Investor Tools
$34,769Estimated Mortgage Balance
$136,285Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,038 /month
Positive
Cash Flow Estimate:
$346 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,467
$121,883
2025
$67,155
$54,728
$121,883
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,467
$121,883
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ami Lenders Inc
Assumption
$35,500
Yes
First
Mar 30, 2025
Sep 2043
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,769
$111,231
76%
20%
$213/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$213/mo
+$1,509/mo
12.1%
