$95,000
7434 Sundown Dr, Houston, TX, 77028
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityVacant Homes
Highlights
Interior
Exterior
Lot Size8,699 sqft
Building Information
Year Built1940
Stories1
Garage Spaces2
Land Information
APN0740470060137
Lot Number137
SubdivisionGlen Manor
Land UseResidential
Legal DescriptionLT 137 BLK 6 GLEN MANOR SEC 1
Census Tract230800
Assessed Land Value$51,450
Assessed Improvement Value$55,790
Assessment Year2025
About this property
Vacant lot opportunity at 7434 Sundown Dr in Houston, featuring an existing house intended for teardown and utilities on site. This lot offers potential to be replatted for a townhome community or multiple duplexes, subject to applicable restrictions and City approval. Conveniently located near I-610 and US-59/I-69, with access to downtown Houston. Property is being marketed for land value. Buyer to verify lot dimensions, utility capacity, restrictions, and development requirements.
Investor Tools
$21,119Estimated Mortgage Balance
$101,881Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$738 /month
Positive
Cash Flow Estimate:
$246 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$107,240
2025
$51,450
$55,790
$107,240
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$107,240
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Unknown
$50,000
No
First
Jul 7, 2005
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,119
$101,881
82%
17%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
12.8%
