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$250,000

7402 Burkridge Dr, Houston, TX, 77041

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,706 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.96 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size6,098 sqft

Building Information

Year Built1985
Stories2
Garage Spaces2

Land Information

APN1152810110017
Lot Number17
SubdivisionChimney Hill
Land UseResidential
Legal DescriptionLT 17 BLK 7 CHIMNEY HILL SEC 5 R/P
Census Tract540800
Assessed Land Value$73,107
Assessed Improvement Value$142,166
Assessment Year2025

About this property

Step into comfort and discover this beautifully maintained two-story gem! The expansive primary suite is your personal sanctuary, featuring ample space to unwind, a generous closet with built-in shelving, and a luxurious ensuite with dual vanities. Entertain effortlessly with a cozy wood-burning fireplace anchoring the inviting living area, plus a convenient guest half-bath nearby. Love the outdoors? The oversized backyard is perfect for weekend barbecues, garden parties, or peaceful lounging. —and with a community park and sparkling pool just seconds away, every day feels like a staycation. Very convenient Back Yard with plenty of storage and work area. With a doll house.. MR. CARPENTER LIVES HERE... All storage in back yard are included in the sale Don't miss your chance—schedule a tour today and see why this home has it all!

Investor Tools

Property Icon
$250,000
Estimated Property Value
$92,400Estimated Mortgage Balance
$181,352Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
$348/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,755
$215,273
2025
$73,107
$142,166
$215,273
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,755
$215,273

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amegy Bank Na
Arm (Adjustable Rate Mortgage)
$92,400
No
First
Dec 15, 2014
Jan 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,648
$175,352
71%
27%
$428/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$776/mo
+$1,474/mo
10.8%

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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7402 Burkridge Dr | Property Details | No Agent List