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$551,863

NAL Estimated Property Value

7516 Del Monte Dr, Houston, TX, 77063

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,260 Sq Ft
price_per_sqft$198.67 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,287 sqft

Building Information

Year Built1965
Stories2
Garage Spaces2

Land Information

APN0975400000030
Lot Number30
SubdivisionHammersmith
Land UseResidential
Legal DescriptionLT 30 BLK 1 HAMMERSMITH SEC 1
Census Tract431204
Assessed Land Value$110,435
Assessed Improvement Value$441,428
Assessment Year2025

About this property

Rare opportunity in Hammersmith - Primary Bedroom on the first floor! This beautiful 3/2.5 townhome has been updated throughout the years and features hardwood floors, crown moulding, recessed lighting, large windows and a rooftop deck! The open concept floor plan allows for seamless living and entertaining opportunity. Updated Kitchen is open to a casual living space with tall ceilings and direct access to attached two car garage. Spacious Primary Suite features an en-suite bathroom with dual sinks and a shower, two large walk-in closets, and access to the Kitchen and Living Space, as well as a private outdoor patio. The second story features two large bedrooms, both with oversized closets and a secondary bathroom with a tub/shower combo. This fabulous home is ideally located near many restaurants and shops. Don't miss the beautiful community pool, to beat the Houston summer heat!

Investor Tools

Property Icon
$551,863
Estimated Property Value
$343,470Estimated Mortgage Balance
$208,393Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,311 /month
Positive
Cash Flow Estimate:
$1,104 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,112/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,590
$551,863
2025
$110,435
$441,428
$551,863
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,590
$551,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Scale Bank
Conventional
$359,200
No
First
Dec 4, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,470
$208,393
37%
62%
$2,154/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$2,954/mo
$-974/mo
4.3%

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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7516 Del Monte Dr | Property Details | No Agent List