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$249,000

7115 Palmetto St, Houston, TX, 77087

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,484 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.79 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringTile

Exterior

Lot Size6,355 sqft

Building Information

Year Built1945
Stories1

Land Information

APN0681380100029
Lot Number29
SubdivisionWoodridge
Land UseResidential
Legal DescriptionLT 29 BLK 10 WOODRIDGE SEC 3
Census Tract311300
Assessed Land Value$82,964
Assessed Improvement Value$118,809
Assessment Year2025

About this property

Nicely renovated 3 bedrooms, a den, 1 full bathroom and a half bathroom house conveniently located near Houston Community College - Southeast Campus and Gulfgate Mall. This home features a refreshed interior with modern updates and functional floor plan offering comfortable living spaces.

Investor Tools

$0Estimated Mortgage Balance
$201,773Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

Interested in this property?

Monica Sparenberg

HomeSmart

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,157
$201,773
2025
$82,964
$118,809
$201,773
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,157
$201,773

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$201,773
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
10.2%

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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7115 Palmetto St | Property Details | No Agent List