Last 24 Hours
$150,000
7667 Greendowns St # 770, Houston, TX, 77087
$171,021 ARV
On Market
Just Added
2 Beds
1 Bath
1,435 Sq Ft
Single Family Residence
$104.53 / sqft
Built in 1970Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage Available
Heating Central
CoolingExterior
Lot Size7,200 sqft
Building Information
Year Built1950
Garage Spaces3
Land Information
APN0720320030017
Lot Number17
SubdivisionGreenway
Land UseResidential
Legal DescriptionLT 17 BLK 6 GREENWAY SEC 2
Census Tract332900
Assessed Land Value$57,600
Assessed Improvement Value$139,137
Assessment Year2025
About this property
Investor Special: Two Homes on One 7,200 Sq Ft Lot, Full Renovation Opportunity This property offers a 2 bed, 1 bath main house plus a separate 1 bed, 1 bath back apartment. located on a spacious corner lot, with easy accessibility to I-45 and 6-10. (Both homes are not in living conditions.) The back apartment: 616 sq ft with 1 bedroom, 1 bath, a full kitchen, and a separate living area. It needs a full renovation, but the floor plan already gives you a functional, self-contained unit. Once finished, it could be a strong rental, guest quarters, or space for extended family. HOME IS SOLD AS IS- FULL RENOVATIONS NEEDED
Investor Tools
$77,389Estimated Mortgage Balance
$119,348Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$171,020
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,180 /month
Positive
Cash Flow Estimate:
$393 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,898
$196,737
2025
$57,600
$139,137
$196,737
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,898
$196,737
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bernard William Giesen Ii
Seller Carryback / Seller Financing / Seller Take-Back
$94,000
No
First
Mar 10, 2018
Mar 2021
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,389
$119,348
60%
39%
$564/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,130/mo
$564/mo
+$566/mo
6.9%
12.4%