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$239,000

NAL Estimated Property Value

7602 Parker Rd, Houston, TX, 77016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,633 Sq Ft
price_per_sqft$161.67 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave

Exterior

Lot Size10,507 sqft

Building Information

Year Built1965
Stories1
Garage Spaces4

Land Information

APN0824840000042
Lot Number42
SubdivisionScenic Woods
Land UseResidential
Legal DescriptionLT 42 BLK 11 SCENIC WOODS
Census Tract231400
Assessment Year2025

About this property

?? Completely Upgraded and Move-In Ready! ?? This stunning home has been fully renovated with top-tier upgrades to ensure comfort, style, and energy efficiency. Key highlights include: Solar Panels – Eco-friendly and cost-saving! Brand-New Kitchen Remodel – Modern finishes and appliances, perfect for culinary enthusiasts. Two Full Bathroom Remodels – Spa-like retreats with sleek, updated fixtures. New AC System – Stay cool New Flooring – Stylish and durable for a fresh, cohesive look. Fresh Interior & Exterior Paint – Bright, clean, and ready for your personal touch. New Electrical and Plumbing Systems – Worry-free living with modern utilities. New Windows & Doors – Enhanced energy efficiency and curb appeal. Appliances Included – Move in and start living! This home is a perfect blend of functionality, beauty, and sustainability. Don’t miss your chance to own a truly turnkey property that feels brand-new! ??

Investor Tools

Property Icon
$239,000
Estimated Property Value
$247,692Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,584 /month
Positive
Cash Flow Estimate:
$528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$111/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$140
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2020
$140
N/A

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$251,749
No
First
Jun 6, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,692
N/A
0%
104%
$1,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,510/mo
+$212/mo
8.6%

Learn About the Market: Opportunity in Houston

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Explore

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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