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$278,473

7230 Edgemoor Dr, Houston, TX, 77074

Pending

3 Beds

2 Bath

1,209 Sq Ft

Single Family Residence

$198.51 / sqft

Built in 1959

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Lot Size8,281 sqft

Building Information

Year Built1959

Stories1

Garage Spaces2

Land Information

APN0882200000014

Lot Number14

SubdivisionSharpstown

Land UseResidential

Legal DescriptionLT 14 BLK 4 SHARPSTOWN SEC 2

Census Tract422702

Assessed Land Value$118,748

Assessed Improvement Value$159,725

Assessment Year2025

About this property

Beautiful remodeled home has been redesigned to feel open, bright, and welcoming from the moment you walk in. The interior was extensively updated in 2020 from previous sellers, new energy-efficient and noise-abating windows, kitchen features new cabinetry, backsplash, fixtures, and quartz countertops, new appliances, new flooring, new lighting, new shower in the primary suite. Also including new plumbing, a new water heater, and a new 3-ton AC were updated as well to ensuring long-term peace of mind. Washer, dryer, and two refrigerators will stay with the home, offering added value and convenience for the next owners. This home is a must-see, and truly a great new start home. For sale AS-IS, back on market due to the buyer not able to obtain the loan.

Investor Tools

$278,473

Estimated Property Value

$237,500Estimated Mortgage Balance

$59,154Estimated Equity

15% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,671 /month

Positive

Cash Flow Estimate:

$557 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$412/month

$280/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,556

$278,473

2025

$118,748

$159,725

$278,473

Tax History

Year

Tax Paid

Assessed Value

2024

$3,556

$278,473

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Movement Mortgage

Conventional

$237,500

First

Jun 8, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$219,319

$59,154

21%

79%

$1,424/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,704/mo

+$18/mo

7.4%

Learn About the Market: Opportunity in Houston

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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.

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