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$246,000

NAL Estimated Property Value

7251 Rio Blanco Dr, Houston, TX, 77083

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,503 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.66 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size5,776 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN1102190000080
Lot Number79,80
SubdivisionMission Bend
Land UseResidential
Legal DescriptionW 15 FT OF LT 79 & E 40 FT OF LT 80 BLK 3 MISSION BEND SEC 7
Census Tract454000
Assessed Land Value$58,212
Assessed Improvement Value$181,839
Assessment Year2025

About this property

This beautifully updated home, built in 1981, offers a perfect blend of modern upgrades and timeless charm. Featuring a fully remodeled kitchen (2022) with sleek countertops, contemporary cabinetry, and high-end appliances, this home is a chef’s dream. The property also boasts a new plumbing system with PEC piping, energy-efficient double-pane windows, and a 6-year-old roof and AC for added peace of mind. The home comes equipped with a water softener, ensuring comfort and convenience. The spacious, well-lit interior is complemented by a generous backyard, ideal for entertaining or relaxing. With ample storage space, large bedrooms, and a welcoming layout, this home is move-in ready and perfect for those seeking quality and style in a sought-after neighborhood. Don’t miss the opportunity to make this meticulously maintained residence your own!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$240,259Estimated Mortgage Balance
$5,741Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,176
$240,051
2025
$58,212
$181,839
$240,051
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,176
$240,051

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$246,075
No
First
Jan 24, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,259
$1,741
0%
98%
$1,476/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,976/mo
$-254/mo
8.4%

Learn About the Market: Opportunity in Houston

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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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7251 Rio Blanco Dr | Property Details | No Agent List