$110,000
7943 W Airport Boulevard, Houston, TX, 77071
$127,259 ARV
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
Building Information
Year Built1978
Stories1
Garage Spaces2
Land Information
APN1131760030006
Lot Number6
SubdivisionFondren Glen Plaza T/H
Land UseResidential
Legal DescriptionLT 6 BLK 3 FONDREN GLEN PLAZA T/H
Census Tract423600
Assessed Land Value$30,000
Assessed Improvement Value$133,690
Assessment Year2025
About this property
Investor Opportunity! Drive by only, DO NOT DISTURB TENANTS.
Investor Tools
$53,684Estimated Mortgage Balance
$110,006Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$127,258
Rent-to-Value Ratio: 0.72%
Rent Estimate
$982 /month
Positive
Cash Flow Estimate:
$327 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
$200/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,425
$163,690
2025
$30,000
$133,690
$163,690
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,425
$163,690
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newfirst National Bank
Purchase Money Mortgage
$63,665
No
First
Sep 27, 2018
Sep 2021
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,684
$110,006
67%
33%
$382/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$582/mo
+$725/mo
9.6%
