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$218,549

NAL Estimated Property Value

7946 Fawn Terrace Dr, Houston, TX, 77071

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,705 Sq Ft
price_per_sqft$102.58 / sqft
Year BuiltBuilt in 1977

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size6,900 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1080530000037
Lot Number37
SubdivisionFondren Sw Southmeadow
Land UseCommercial
Legal DescriptionLT 37 BLK 11 FONDREN SW SOUTHMEADOW SEC 2
Census Tract423401
Assessed Land Value$58,650
Assessed Improvement Value$159,899
Assessment Year2025

About this property

This is a must see. Beautiful updated home that is perfect for a family or investor. Open kitchen and living area has fireplace with access to backyard deck. Has recently remodeled master bath with whirlpool tub, hall bath and kitchen with beautiful backsplash and new cabinet doors throughout. Enjoy your covered backyard deck or relax in the private patio off master bedroom. Plenty of closet space throughout home and large pantry in the kitchen. This fabulous kitchen has plenty of cabinet and drawer space and large countertops. Breakfast room off of kitchen. Refrigerator included. Solar screens throughout. Electric box and AC evaporator and heater recently replaced. Plumbing pipes in attic has been updated to PVC. Needs some minor TLC with some being completed. Don't miss this great opportunity!!! Great HOA association and area pool, clubhouse and tennis courts.

Investor Tools

Property Icon
$218,549
Estimated Property Value
$41,601Estimated Mortgage Balance
$176,948Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,311 /month
Positive
Cash Flow Estimate:
$437 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
$364/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,192
$218,549
2025
$58,650
$159,899
$218,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,192
$218,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Icon Bank Of Texas Na
Unknown
$69,700
No
First
Nov 18, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,601
$176,948
80%
19%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$364/mo
+$1,358/mo
9.5%

City: Houston

7946 Fawn Terrace Dr | Property Details | No Agent List