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$250,000

7402 Elbridge Lane, Deer Park, TX, 77536

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,168 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.04 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,137 sqft

Building Information

Year Built1955
Stories1
Garage Spaces3

Land Information

APN0790850090001
Lot Number1
SubdivisionSpencer View Terrace
Land UseResidential
Legal DescriptionLT 1 BLK 9 SPENCER VIEW TERRACE
Census Tract342300
Assessed Land Value$54,445
Assessed Improvement Value$198,927
Assessment Year2025

About this property

Fully Remodeled Gem in the Heart of Deer Park Welcome to your next investment or forever home! This beautifully remodeled property offers modern finishes and thoughtful upgrades throughout; all nestled in a prime Deer Park location. The garage has is ideal for converting into a guest suite, office, or income-generating rental. Whether you're looking to settle in or start earning residual income, this versatile home is ready to deliver. Opportunity knocks—don’t miss it!

Investor Tools

$227,329Estimated Mortgage Balance
$26,043Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,520 /month
Positive
Cash Flow Estimate:
$507 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,739
$253,372
2025
$54,445
$198,927
$253,372
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,739
$253,372

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$240,562
Yes
First
May 16, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,329
$26,043
10%
90%
$1,443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,443/mo
+$477/mo
9.1%

City: Deer Park