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$488,000

7309 Houston Dr, Hitchcock, TX, 77563

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$297.22 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony
Lot Size13,155 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces6

Land Information

APN3971-0000-0028-000
Lot Number28,29
SubdivisionHighland Bayou Estates # 2
Land UseResidential
Legal DescriptionABST 175 J SPILLMAN SUR LOTS 28 & 29 HIGHLAND BAYOU ESTATES SEC 2 UNRECORDED SUB
Census Tract723600
Assessed Land Value$76,960
Assessed Improvement Value$408,220
Assessment Year2025

About this property

This spectacularly located waterfront home on a double lot in Highland Bayou is waiting for you. Enjoy the views from your private pier over the deepest part of the canal, the downstairs covered entertaining area or the second level balcony that stretches across the whole length of the home. The bottom level offers plenty of space to park your vehicles, golf cart or toys, as well as an enclosed workshop/bonus room & bathroom. As you enter the home through the double French doors you are immediately greeted by the open floorplan highlighted by new laminate wood flooring, freshly painted walls & vaulted wood ceiling. A wall of Category 3 Hurricane-Rated windows flood the room with natural light. The kitchen boasts an island with cooktop & bar seating, double oven, new dishwasher, walk-in pantry & laundry room closet. The split floorplan provides 2 spacious bedrooms & guest bath as well as a primary suite with two 8x6 closets & an en-suite bathroom with separate shower & tub.

Investor Tools

Property Icon
$488,000
Estimated Property Value
$392,000Estimated Mortgage Balance
$117,564Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$741/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,457
$485,180
2025
$76,960
$408,220
$485,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,457
$485,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vanderbilt Mortgage
Conventional
$392,000
No
First
May 25, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,436
$114,744
23%
76%
$2,351/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hitchcock

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7309 Houston Dr | Property Details | No Agent List