$186,000
NAL Estimated Property Value7946 Glenlea St, Houston, TX, 77061
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range, Free-Standing Range, Oven
FlooringCarpet, Tile, Wood
Exterior
Lot Size7,479 sqft
Building Information
Year Built1957
Stories1
Garage Spaces2
Land Information
APN0850280000012
Lot Number12
SubdivisionGlenbrook Valley
Land UseResidential
Legal DescriptionLT 12 BLK 24 GLENBROOK VALLEY SEC 6
Census Tract333201
Assessed Land Value$44,640
Assessed Improvement Value$104,768
Assessment Year2025
About this property
PRICE REDUCED! Handy Man Special - Lots of work has gone into the property needs final touches and a little more to complete - Brick veneer with exterior wood replaced with Hardie plank siding - New carpet in bedrooms over wood floors - Kitchen cabinets, counter top and backsplash are new - Bathroom cabinets and fixtures are also new - Great opportunity for the fixer-upper or investor - Good bones in this one - Come see for yourself
Investor Tools
$186,000
Estimated Property Value
$43,597Estimated Mortgage Balance
$142,403Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,116 /month
Positive
Cash Flow Estimate:
$372 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,510
$149,408
2025
$44,640
$104,768
$149,408
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,510
$149,408
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Argent Mortgage Company Llc
Stand Alone First / Home Equity First Lien
$61,320
No
First
Dec 16, 2005
Jan 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,597
$153,403
77%
23%
$650/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$650/mo
+$1,072/mo
11.1%
