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$619,000

7106 Rancho Mirage Dr, Houston, TX, 77069

$626,452 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,887 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.5 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Trash Compactor, Microwave, Gas Cooktop, Dishwasher

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size16,840 sqft

Building Information

Year Built1996
Garage Spaces3

Land Information

APN1188650020002
Lot Number2
SubdivisionChampions Centre Mirage
Land UseResidential
Legal DescriptionLT 2 BLK 2 CHAMPIONS CENTRE MIRAGE
Census Tract552802
Assessed Land Value$120,341
Assessed Improvement Value$474,056
Assessment Year2025

About this property

AMAZING custom one story home located in the gated community of Champions Centre Mirage! Enter through the custom front doors to the formal living and dining areas, which overlook the back yard fountain. The stunning family room includes a freestanding Scandinavian style fireplace, custom built-ins and fabulous views of the courtyard pool! There is a flex room overlooking the pool as well. Use this space for your pool table, playroom, second study or extra bedroom. The master suite overlooks a garden area. The master bathroom features hidden cabinets in the mirrors, separate his and her sink areas, and a fabulous walk-in closet! The study makes a very nice workspace with custom built-ins and windows overlooking the courtyard. HUGE laundry room. Pool was resurfaced with pebble tec in 2021. Approximately 1000 sq. ft of covered patio areas. Interior of the entire home, including cabinetry, was painted in 2021. Home generator. Sprinkler system. 3 car garage with built-ins.Never flooded!

Investor Tools

Property Icon
$619,000
Estimated Property Value
$400,000Estimated Mortgage Balance
$254,418Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$626,452
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,714 /month
Positive
Cash Flow Estimate:
$1,238 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
$1,660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,712
$594,397
2025
$120,341
$474,056
$594,397
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,712
$594,397

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial Airport Holdings Llc
Purchase Money Mortgage
$400,000
No
First
Sep 17, 2021
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,582
$272,418
42%
59%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,900/mo
$4,059/mo
$-2,159/mo
3.7%

Learn About the Market: Opportunity in Houston

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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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7106 Rancho Mirage Dr | Property Details | No Agent List