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Owner Contacts

$277,880

NAL Estimated Property Value

7535 Dixie Dr, Houston, TX, 77087

Off Market

4 Beds

2 Bath

1,784 Sq Ft

Single Family Residence

$140.08 / sqft

Built in 1947

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size7,863 sqft

Building Information

Year Built1947

Stories1

Garage Spaces1

Land Information

APN0700710090024

Lot Number24

SubdivisionSanta Rosa

Land UseResidential

Legal DescriptionLT 24 BLK 10 SANTA ROSA SEC 2

Census Tract333000

Assessed Land Value$60,240

Assessed Improvement Value$217,640

Assessment Year2025

About this property

Almost a new home within minutes of Downtown with no restrictions!! PLEASE TAKE A LOOK AT THE KITCHEN! Come see this SPACIOUS 4 bedrooms , 2 baths home, open floor plan, new kitchen making a U SHAPE w/breakfast bar & soft closing doors & drawers, new tubs, sinks & toilets, new laminated floor planks, new carpet, new ceiling fans & lighting fixtures, new drainage pipes underneath the foundation. New siding all around the house. Huge backyard with mature trees , covered patio and new grass for the kids to play. This is a nice & clean neighborhood without HOA fees.(No subdivision restrictions) Avoid the traffic, only minutes from airports, downtown, medical center and only 40 min. from Galveston. Call now to schedule a showing

Investor Tools

$277,880

Estimated Property Value

$212,493Estimated Mortgage Balance

$65,387Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,667 /month

Positive

Cash Flow Estimate:

$556 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$577/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,533

$277,880

2025

$60,240

$217,640

$277,880

Tax History

Year

Tax Paid

Assessed Value

2024

$5,533

$277,880

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

The Owner Finance Company

Purchase Money Mortgage

$215,000

First

Sep 3, 2025

Sep 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$212,493

$65,387

23%

76%

$1,290/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,290/mo

+$432/mo

7.4%

Learn About the Market: Opportunity in Houston

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