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$65,000

$70,000

7200 Clarewood Dr # 1, Houston, TX, 77036

On MarketInfo
Just AddedInfo
Price DropInfo
Beds1 Beds
Baths1 Bath
Baths710 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$91.55 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1977
Stories1

Land Information

APN1133440000011
Land UseResidential
Legal DescriptionUNIT 110 BLDG A .004545 INT COMMON LAND & ELE (PER ANNEX PH 3) CEDAR MILL CONDO PH 1
Census Tract432806
Assessed Land Value$11,336
Assessed Improvement Value$48,325
Assessment Year2025

About this property

LOCATION - LOCACTION - LOCATION!! 1-Bedroom 1 study - 1-Bath Condo in a Gated Community! It is currently vacant and available for investor and end-user! (needs cosmetic remodel) Conveniently located near HWY 59, Shopping Center A wonderful investment in an amazing location. Schedule a showing today!

Investor Tools

$0Estimated Mortgage Balance
$69,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$414 /month
Positive
Cash Flow Estimate:
$138 /month

Interested in this property?

Nancy Quintanilla

HomeSmart

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$71/month
$411/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$509
$59,661
2025
$11,336
$48,325
$59,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$509
$59,661

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$69,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$411/mo
+$684/mo
19.0%

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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7200 Clarewood Dr # 1 | Property Details | No Agent List