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$198,000

NAL Estimated Property Value

8027 Cannon St, Houston, TX, 77051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,110 Sq Ft
price_per_sqft$134.23 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,515 sqft

Building Information

Year Built1967
Stories1

Land Information

APN0511740130007
Lot Number7
SubdivisionSunnyside Place
Land UseResidential
Legal DescriptionLT 7 BLK M SUNNYSIDE PLACE
Census Tract331100
Assessed Land Value$84,096
Assessed Improvement Value$112,837
Assessment Year2025

About this property

LOCATION LOCATION! Priced to Sell! Close to the Medical Center, Downtown Houston and major freeways. Granite counter tops in kitchen and bathrooms, large backyard with a large deck perfect for outdoor fun and BBQ! Lots of new construction on the same street & surrounding. Close to Schools, Shopping and Entertainment quick Access to I-610 . Great opportunity to become a home owner!

Investor Tools

Property Icon
$198,000
Estimated Property Value
$132,955Estimated Mortgage Balance
$65,045Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,866
$196,933
2025
$84,096
$112,837
$196,933
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,866
$196,933

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$147,283
Yes
First
Apr 29, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,955
$65,045
32%
67%
$884/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$884/mo
+$838/mo
10.4%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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8027 Cannon St | Property Details | No Agent List