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$435,000

7511 Dearborn St, Houston, TX, 77055

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$309.83 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesGas Cooktop
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,200 sqft

Building Information

Year Built1956
Stories1
Garage Spaces1

Land Information

APN0821860000005
Lot Number5
SubdivisionPine Terrace
Land UseResidential
Legal DescriptionLT 5 BLK 8 PINE TERRACE SEC 4
Census Tract520302
Assessed Land Value$317,250
Assessed Improvement Value$45,757
Assessment Year2025

About this property

Opportunity awaits at 7511! Easily add another approximately 275 sq ft by air-conditioning the extra storage area on the rear-left side of the home. This 3-bedroom, 1.5-bath home is set beneath a canopy of mature trees and offers an exciting opportunity for buyers looking to renovate, restore, or create a mid-century inspired retreat. Inside, distinctive architectural elements include soaring vaulted ceilings, dramatic clerestory and oversized windows, hardwood flooring, and an abundance of natural light. The kitchen connects to adjoining living spaces, providing a great foundation for a more open, modern layout. Vintage details throughout. Three bedrooms plus the spacious storage, which could be converted into another bedroom and bathroom suite. Outside, a generous backyard, mature landscaping, and an existing patio offer endless opportunities. Bring your vision and reimagine this unique property while preserving the architectural details that give it so much character.

Investor Tools

$0Estimated Mortgage Balance
$468,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,808 /month
Positive
Cash Flow Estimate:
$936 /month

Interested in this property?

Evan Compean

Compean Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$637/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$363,007
2025
$317,250
$45,757
$363,007
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$363,007

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.4%

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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7511 Dearborn St | Property Details | No Agent List