Last 24 Hours
$140,000
7002 Falling Cherry Pl, Houston, TX, 77049
$182,000 ARV
On Market
Just Added
4 Beds
2 Bath
2,852 Sq Ft
Single Family Residence
$49.09 / sqft
Built in 2005Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Garage Available
Heating Central
CoolingExterior
Lot Size9,892 sqft
Building Information
Year Built2005
Garage Spaces2
Land Information
APN1272860010045
Lot Number45
SubdivisionLiberty Lakes
Land UseResidential
Legal DescriptionLT 45 BLK 1 LIBERTY LAKES SEC 3
Census Tract252201
Assessed Land Value$66,123
Assessed Improvement Value$245,366
Assessment Year2025
About this property
Investor and cash buyers, this is the opportunity you've been waiting for. This spacious two-story home offers 4 bedrooms, and 2852 sq ft of living space including a convenient first floor primary suite. This property is offered in as-is condition, it requires significant TLC and presents an excellent opportunity to renovate.
Investor Tools
$0Estimated Mortgage Balance
$311,489Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$182,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,869 /month
Positive
Cash Flow Estimate:
$623 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
$400/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,328
$311,489
2025
$66,123
$245,366
$311,489
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,328
$311,489
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$311,489
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$400/mo
+$1,880/mo
8.8%
12.4%