7309 Avenue E

Houston, TX 77011
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4 bd, 4 ba | 1,845 sqft | Built in 1930

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List Price
$199,900

Initial Investment

$54,473

Purchase Price

$199,900

Down Payment

25%

Rent

$1,650

Total Return

$54,749

Annualized Return

14.7%

Cap Rate

5.3%

Gross Yield

9.9%

Cash Flow

-$976

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,001

HOA

None

Flood Risk

Not Required


See more in Analysis
Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495

Annual Financial Highlights

Expected Rent

$18,810

Expenses

-$3,518

Property Taxes

-$5,400

Loan Payments

-$10,868

Net Cash Flow

-$976

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:Ruth Carratala-Vargas
Agent License 0625014
eXp Realty LLC
Certified Agent Brokerage:Fred McDaniel
Realty ONE Group Iconic
TX Brokerage License 9003340
SourceHouston Association of REALTORS®
MLS #85012526
Last Updated: 08/14/2025 13:08
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