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$131,000

7109 Chasewood Dr, Houston, TX, 77489

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,292 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$106.42 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,608 sqft

Building Information

Year Built1974
Stories2
Roof Type127

Land Information

APN9550-01-022-7109-907
SubdivisionWillow Park (Res A) Sec 1
Land UseResidential
Legal DescriptionWILLOW PARK (RES A) SEC 1, UNIT 7109 BLDG SITE 22
Census Tract670400
Assessed Land Value$19,500
Assessed Improvement Value$81,698
Assessment Year2025

About this property

Welcome to this charming 2 bed 2.5 bath property. The spacious layout features brand new countertops in the gourmet kitchen, brand new floors in the inviting living areas, and new paint throughout. The serene master suite boasts new tiles and vanities in the bathroom. Don't miss out on this beautifully updated home!

Investor Tools

Property Icon
$131,000
Estimated Property Value
$132,554Estimated Mortgage Balance
$0Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$825 /month
Positive
Cash Flow Estimate:
$275 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$179/month
$228/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,497
$101,198
2025
$19,500
$81,698
$101,198
Yes (2018)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,497
$101,198

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Housing Corporati
Stand Alone Second / Subordinate Position
$132,554
No
First
Jul 2, 2025
Jul 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,232
N/A
0%
199%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
$1,818/mo
$-158/mo
15.2%

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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7109 Chasewood Dr | Property Details | No Agent List