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$309,000

7419 Shangrila Ln, Houston, TX, 77095

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,023 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.3 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,172 sqft

Building Information

Year Built1988
Garage Spaces2

Land Information

APN1167610010002
Lot Number2
SubdivisionCopperfield Southcreek Village
Land UseResidential
Legal DescriptionLT 2 BLK 1 COPPERFIELD SOUTHCREEK VILLAGE SEC 7
Census Tract541204
Assessed Land Value$75,164
Assessed Improvement Value$194,029
Assessment Year2025

About this property

WOW!! Gorgeous ranch with wood laminate flooring throughout all the main living areas (carpet only in 2 secondary bedrooms). As you enter, you'll see the spacious Family Room but that's not the only place for your friends and family to relax. There is also a wonderful den with a Cozy fireplace right off the Kitchen/Breakfast area. Need more space to entertain or for family gatherings? There is a Dining Room too! If you are officing from home, no worries. You can use the front room as either an office or a 4th bedroom. Plenty of privacy for the primary bedroom because this floor plan is a "split plan". In the evening relax on the back patio or take a walk on the trail right behind the fence. Don't miss this GREAT home!!

Investor Tools

Property Icon
$309,000
Estimated Property Value
$285,000Estimated Mortgage Balance
$45,336Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
$610/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,775
$269,193
2025
$75,164
$194,029
$269,193
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,775
$269,193

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$285,000
No
First
May 19, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,664
$41,336
13%
85%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,319/mo
$-279/mo
7.9%

Learn About the Market: Opportunity in Houston

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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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7419 Shangrila Ln | Property Details | No Agent List