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$235,000

NAL Estimated Property Value

7407 Shady Mill Dr, Houston, TX, 77040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.26 / sqft
Year BuiltBuilt in 1983

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

Exterior

Lot Size7,501 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1111450000009
Lot Number9
SubdivisionWoodland Trails West
Land UseResidential
Legal DescriptionLT 9 BLK 15 WOODLAND TRAILS WEST SEC 2
Census Tract532504
Assessed Land Value$61,194
Assessed Improvement Value$152,535
Assessment Year2025

About this property

Welcome home to Shady Mill! This completely renovated unit is a move-in ready gem in a well-established neighborhood. The ones that move in would be the first renters to enjoy a number of amazing upgrades throughout. From the remodeled kitchen, new water heater, new central heating, new carpet, new tiles, fresh coat of interior and exterior paint, brand new windows, a new A/C unit, new fence this home has it all for an absolute steal of a price. Moving into this community means that you're zoned to Cy-Fair ISD to fantastic schools with the school bus stop even being IN FRONT of the home, have access to the community pool, parks, and walking trails. Showings start this weekend and it's sure to move quickly. Don't miss out and contact our team today for a showing!

Investor Tools

Property Icon
$235,000
Estimated Property Value
$164,684Estimated Mortgage Balance
$70,316Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,675
$213,729
2025
$61,194
$152,535
$213,729
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,675
$213,729

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$180,000
No
First
Nov 29, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,684
$69,316
29%
70%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,080/mo
+$642/mo
8.8%

City: Houston

7407 Shady Mill Dr | Property Details | No Agent List