7214 La Salette St

Houston, TX 77021
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3 bd, 2.5 ba | 1,743 sqft | Built in 2020

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List Price
$275,000

Initial Investment

$74,938

Purchase Price

$275,000

Down Payment

25%

Rent

$2,330

Total Return

$79,908

Annualized Return

15.6%

Cap Rate

5.5%

Gross Yield

10.2%

Cash Flow

-$478

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

1,650

HOA

None
INVESTOR SPECIAL! MOTIVATED SELLER! Situated near NRG Stadium and surrounded by multi-billion-dollar housing developments, this captivating freestanding home features 3 bedrooms and 2.5 bathrooms with an open-concept design. Step inside to a welcoming foyer that leads to a versatile utility room and a guest bedroom, perfect for use as a home office or study. The neutral color palette, paired with abundant natural light, highlights the home’s stunning interior features. Designed for entertaining, the gourmet kitchen is equipped with stainless steel appliances, ample cabinetry, a chic backsplash, a pantry, and a gas range. Retreat to the spacious owner’s suite, complete with a walk-in closet and an ensuite bathroom featuring double sinks. Additional highlights include a private driveway and NO HOA! Conveniently located just minutes from Downtown and offering easy access to major freeways I-45 and US-69. HIGHEST AND BEST OFFERS DUE BY APRIL 13TH @ 5PM.

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Ariana White
EXP Realty, LLC
TX Agent License #714146

Annual Financial Highlights

Expected Rent

$26,562

Expenses

-$4,640

Property Taxes

-$7,450

Loan Payments

-$14,950

Net Cash Flow

-$478

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Zain Momin
Agent License 0737030
Atlas Real Estate
Certified Agent Brokerage:Ariana White
EXP Realty, LLC
TX Brokerage License 603392
SourceHouston Association of REALTORS®
MLS #71542134
Last Updated: 04/17/2025 09:04
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