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$151,000

NAL Estimated Property Value

7514 Garden Parks Dr, Houston, TX, 77075

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths812 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.92 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesElectric Oven, Electric Range, Free-Standing Range
FlooringLaminate

Exterior

Lot Size12,702 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APN0760650020023
Lot Number23
SubdivisionGarden Parks
Land UseResidential
Legal DescriptionLT 23 BLK 2 GARDEN PARKS
Census Tract333801
Assessed Land Value$50,800
Assessed Improvement Value$69,776
Assessment Year2025

About this property

Discover the potential of this charming 2-bedroom, 1-bathroom home located in the desirable Garden Parks subdivision. Seated on a spacious lot, this cozy residence offers ample opportunity for renovation and personalization. Perfect for those looking to create their dream home or invest in a promising property, 7514 Garden Parks Drive is being sold "as-is." Don't miss out on this unique chance to shape this home to your liking. Conveniently located close to local amenities, schools, and parks. Schedule a showing today and envision the possibilities!

Investor Tools

Property Icon
$151,000
Estimated Property Value
$154,403Estimated Mortgage Balance
$12,597Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$959 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,523
$120,576
2025
$50,800
$69,776
$120,576
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,523
$120,576

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$159,900
Yes
First
Jun 28, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,403
$12,597
7%
102%
$959/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$959/mo
+$348/mo
10.4%

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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7514 Garden Parks Dr | Property Details | No Agent List