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$225,000

707 Rockbrook Dr, Houston, TX, 77015

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.62 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,961 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN0984460000002
Lot Number2
SubdivisionChannelwood
Land UseResidential
Legal DescriptionLT 2 BLK 20 CHANNELWOOD SEC 3
Census Tract252400
Assessed Land Value$36,465
Assessed Improvement Value$169,662
Assessment Year2025

About this property

Looking for LOCATION, LOCATION, LOCATION? This beautiful brick home is located in the Channelwood neighborhood with easy access to beltway 8 and I-10. It features a privacy gate to keep unwanted guest out, fresh paint on the entire interior, with updated fans in all bedrooms, and includes stove, washer and dryer. The garage was turned into a 4th bedroom with a full bathroom. Don't miss out on this beautiful home waiting for you. Did I mention NO RESTRICTIONS? Make your appointment today.

Investor Tools

Property Icon
$225,000
Estimated Property Value
$216,015Estimated Mortgage Balance
$21,219Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,505
$206,127
2025
$36,465
$169,662
$206,127
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,505
$206,127

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$216,015
Yes
First
Apr 27, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,781
$12,219
5%
91%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,296/mo
+$930/mo
11.9%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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707 Rockbrook Dr | Property Details | No Agent List