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$192,000

NAL Estimated Property Value

7407 Woodfern Dr, Houston, TX, 77040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,290 Sq Ft
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Microwave, Electric Cooktop, Free-Standing Range, Dishwasher
FlooringCarpet, Wood

Exterior

Lot Size6,599 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN1043890000008
Lot Number8
SubdivisionWoodland Trails
Land UseResidential
Legal DescriptionLT 8 BLK 12 WOODLAND TRAILS SEC 4
Census Tract532400
Assessed Land Value$60,348
Assessed Improvement Value$125,206
Assessment Year2025

About this property

Welcome to this enchanting home in the heart of Woodland Trails. Whether you're a first-time homebuyer, looking to downsize, or eager to grow your investment portfolio, this one story home offers endless possibilities. There are 3 bedrooms and 2 bathrooms with wood floors throughout the main living spaces and the primary bedroom. The spacious backyard stretches out behind the house, perfect for outdoor activities or peaceful relaxation. Nestled in the highly sought-after Cypress-Fairbanks ISD and conveniently inside Beltway 8, this home offers quick access to major highways, shopping. It's just perfect for families looking to thrive!

Investor Tools

Property Icon
$192,000
Estimated Property Value
$176,657Estimated Mortgage Balance
$15,343Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$81/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8
$185,554
2025
$60,348
$125,206
$185,554
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8
$185,554

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trustmark National Bank
Conventional
$179,550
No
First
Jun 20, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,657
$11,343
6%
92%
$1,077/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,197/mo
+$525/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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7407 Woodfern Dr | Property Details | No Agent List