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$495,000

NAL Estimated Property Value

7513 Olympia Dr, Houston, TX, 77063

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,178 Sq Ft
price_per_sqft$137.7 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Trash Compactor, Electric Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony, Storage
Lot Size2,291 sqft

Building Information

Year Built1972
Stories2
Garage Spaces2

Land Information

APN0975470000032
Lot Number32
SubdivisionHammersmith
Land UseResidential
Legal DescriptionLT 32 BLK 6 HAMMERSMITH SEC 2
Census Tract431204
Assessed Land Value$110,455
Assessed Improvement Value$216,050
Assessment Year2025

About this property

Spacious townhome in the highly coveted, charming townhome community of Hammersmith. Prime location near Trader Joe’s, tons of shopping, restaurants and entertainment, and super convenient to the Galleria! This townhome is ready for your personal touches, whether you’re an investor or a DIY kind of person. This great floorplan offers a spacious living room with plantation shutters, high ceilings and a wood burning fireplace. The formal dining room is right across from the kitchen and breakfast room with a view of the outdoor patio. The beautiful study has built-in bookshelves and cabinets, plantation shutters and French doors leading to the large, private back patio. All bedrooms are upstairs and include a huge primary bedroom with en-suite bath, large stand up shower and walk-in closet. Bedrooms 2 and 3 include built-ins and large closets. The 3rd bedroom offers French doors that lead to your private balcony. Wonderful opportunity to own in such a highly-desirable community.

Investor Tools

Property Icon
$495,000
Estimated Property Value
$271,359Estimated Mortgage Balance
$223,641Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,497
$326,505
2025
$110,455
$216,050
$326,505
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,497
$326,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Plains National Bank
Va
$301,785
Yes
First
Feb 5, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,359
$209,641
43%
55%
$1,810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$2,610/mo
$-630/mo
4.8%

City: Houston

7513 Olympia Dr | Property Details | No Agent List