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$927,000

7506 Creekwood Drive, Houston, TX, 77063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$317.75 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

High 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, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size15,063 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN0791330010002
Lot Number2
SubdivisionCharnwood
Land UseResidential
Legal DescriptionLT 2 BLK 1 CHARNWOOD
Census Tract431204
Assessed Land Value$614,083
Assessed Improvement Value$201,926
Assessment Year2025

About this property

Situated on a 15,000+ SF lot in the highly desirable Charnwood neighborhood, this home offers a rare opportunity to build your dream home or live comfortably as-is. Charnwood is a walkable, family-friendly community where kids play outside and neighbors gather in front yards. Interior features include wood-look tile flooring throughout, granite countertops, stainless steel appliances, recessed lighting, fresh paint, and an automatic driveway gate. The spacious den features large windows and doors that open to a patio and a lush backyard with mature trees. The private primary suite includes a walk-in closet and an updated bath with a modern vanity and shower. Located just steps from Briarbend Park and minutes from top private schools, Whole Foods, Trader Joe’s, and the Galleria. Easy access to 59, I-10, and 610. Zoned to top-rated schools. Courtesy patrol, back-door trash pickup, and recycling included. Sold at lot value/as-is. 2025 survey in attachments. SOLD AS IS, AS LOT VALUE!

Investor Tools

Property Icon
$927,000
Estimated Property Value
$0Estimated Mortgage Balance
$564,885Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,562 /month
Positive
Cash Flow Estimate:
$1,854 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,194/month
$1,375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,694
$816,009
2025
$614,083
$201,926
$816,009
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,694
$816,009

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Era Mortgage Services Inc
Conventional
$390,000
No
First
Jul 8, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,115
$564,885
60%
39%
$2,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$3,714/mo
$-1,734/mo
2.6%

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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7506 Creekwood Drive | Property Details | No Agent List