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19Days on Market

1view

$469,000

7535 Olympia Drive, Houston, TX, 77063

On Market

3 Beds

3 Bath

2,165 Sq Ft

Condos / Townhouses

$216.63 / sqft

Built in 1973

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

FlooringCarpet, Laminate

Exterior

Lot Size2,291 sqft

Building Information

Year Built1973

Stories2

Garage Spaces2

Land Information

APN0975470000021

Lot Number21

SubdivisionHammersmith

Land UseResidential

Legal DescriptionLT 21 BLK 6 HAMMERSMITH SEC 2

Census Tract431204

Assessed Land Value$110,455

Assessed Improvement Value$236,545

Assessment Year2025

About this property

ESTATE SALE!!!! PRICED TO SELL !!! Stunning 3-bedroom, 2-bath townhome in the heart of the Galleria!! This beautifully maintained home offers a functional floor plan with spacious living areas and an abundance of natural light. Ideally located just minutes from shopping, dining, entertainment, and nearby parks. The gourmet kitchen is fully equipped with modern appliances, custom-built cabinetry, and generous counter space, perfect for everyday living and entertaining. Washer & Dryer are included. The expansive primary suite provides a peaceful retreat, featuring modern vanities, a relaxing soaking tub, and a large walk-in closet. Two additional well-sized bedrooms share a stylish full bathroom, making them ideal for guests, family members, or a home office. Conveniently located near major freeways including I-10, US-59, and the Beltway Toll Road. This home offers both comfort and exceptional accessibility. Contact us today to schedule your private tour!

Investor Tools

$256,765Estimated Mortgage Balance

$287,235Estimated Equity

52% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,264 /month

Positive

Cash Flow Estimate:

$1,088 /month

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Kristy Pennetta

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$326/month

$800/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,188

$347,000

2025

$110,455

$236,545

$347,000

Tax History

Year

Tax Paid

Assessed Value

2024

$1,188

$347,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Quicken Loans Llc

Conventional

$289,600

First

Aug 19, 2020

Sep 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$256,765

$287,235

52%

47%

$1,737/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,980/mo

$2,537/mo

$-557/mo

4.4%

Learn About the Market: Opportunity in Houston

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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.

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