$219,000
7535 Woodland Gate Dr, Houston, TX, 77040
$231,087 ARV
On Market
Just Added
Property Lead Type:
BankruptcyDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size3,607 sqft
Building Information
Year Built2006
Garage Spaces2
Land Information
APN1259390010008
Lot Number8
SubdivisionWoodland Gate
Land UseResidential
Legal DescriptionLT 8 BLK 1 WOODLAND GATE
Census Tract532504
Assessed Land Value$38,232
Assessed Improvement Value$175,134
Assessment Year2025
About this property
REO Property- priced to sell! Located in the gated Woodland Gate community, this two story stucco home offers approximately 2,026 square feet with a versatile layout, formal dining area, breakfast room and attached two car garage. Built in 2006, the property offers an opportunity to update and add your personal touch. Convenient access to Highway 290 and Beltway 8, with schools in Cypress Fairbanks ISD. Bring your vision and explore the potential! Property is being sold AS IS.
Investor Tools
$130,159Estimated Mortgage Balance
$148,841Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$231,087
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
$250/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,614
$213,366
2025
$38,232
$175,134
$213,366
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$1,614
$213,366
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Val Chris Invesments Inc
Commercial
$137,500
No
First
Nov 14, 2023
Dec 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,159
$148,841
53%
47%
$825/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,410/mo
$1,075/mo
+$1,335/mo
10.4%
