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B+
NoAgentList RatingHow are grades calculated? Info

$262,000

7118 Edgemoor Dr, Houston, TX, 77074

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,215 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.73 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Gas Oven, Free-Standing Range, Gas Range, Indoor Grill, Dishwasher, Oven, Water Purifier

Exterior

Lot Size8,041 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0882210000017
Lot Number17
SubdivisionSharpstown
Land UseResidential
Legal DescriptionLT 17 BLK 5 SHARPSTOWN SEC 2
Census Tract422702
Assessed Land Value$116,566
Assessed Improvement Value$84,434
Assessment Year2025

About this property

Beautiful Art studio or a Home office set up. This beautifully remodeled home is truly one of a kind, showcasing modern updates and thoughtful design throughout. The kitchen features quartz countertops with a dramatic waterfall edge, while the entire home is finished with sleek 2x4 rectified porcelain flooring for a seamless look. Natural light pours in through the brand-new windows, including a striking picture windows, and every detail has been refreshed with new doors inside and out. Behind the scenes, previous owner did all new underground. new PEX & (cpvc <4') plumbing, electrical wiring, new tankless water heater for efficiency and reliability. Hugh primary bedroom with extra large closet. Even the garage has been upgraded with an insulated garage door and two remotes for convenience. With its fresh, modern finishes and highquality updates, this home blends style, comfort, and lasting value. Separate little art studio or a home office set up. (Singlefamily residence)

Investor Tools

Property Icon
$262,000
Estimated Property Value
$200,000Estimated Mortgage Balance
$67,031Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,482
$201,000
2025
$116,566
$84,434
$201,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,482
$201,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hugo Rene Gonzalez Ii
Purchase Money Mortgage
$200,000
No
First
Dec 12, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,969
$68,031
25%
74%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,200/mo
+$522/mo
7.9%

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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7118 Edgemoor Dr | Property Details | No Agent List