Last 24 Hours
$95,000
7915 Colonial Ln, Houston, TX, 77051
On Market
Just Added
2 Beds
1 Bath
1,080 Sq Ft
Single Family Residence
$87.96 / sqft
Built in 1945Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
HeatingExterior
Lot Size5,001 sqft
Building Information
Year Built1945
Stories1
Garage Spaces2
Land Information
APN0511560530004
Lot Number4
SubdivisionSunnyside Place
Land UseResidential
Legal DescriptionLT 4 BLK 53 SUNNYSIDE PLACE
Census Tract331100
Assessed Land Value$80,000
Assessed Improvement Value$28,282
Assessment Year2025
About this property
Prime redevelopment opportunity in a growing Houston area with significant new construction nearby. This property offers potential for builders and developers looking to acquire land in an area experiencing continued residential development. Conveniently located near new construction, and major Houston thoroughfares.
Investor Tools
$0Estimated Mortgage Balance
$166,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$996 /month
Positive
Cash Flow Estimate:
$332 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$137/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$819
$108,282
2025
$80,000
$28,282
$108,282
Yes (2008)
Tax History
Year
Tax Paid
Assessed Value
2024
$819
$108,282
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$166,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
9.4%
12.4%