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$346,000

NAL Estimated Property Value

7622 Shangrila Ln, Houston, TX, 77095

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,540 Sq Ft
price_per_sqft$98.43 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Free-Standing Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Lot Size7,475 sqft

Building Information

Year Built1988
Garage Spaces2

Land Information

APN1167610040028
Lot Number28
SubdivisionCopperfield Southcreek Village
Land UseResidential
Legal DescriptionLT 28 BLK 4 COPPERFIELD SOUTHCREEK VILLAGE SEC 7
Census Tract541205
Assessed Land Value$74,959
Assessed Improvement Value$244,491
Assessment Year2025

About this property

INVESTOR SPECIAL! This spacious 4/5-bedroom, 2.5-bath home in the desirable Copperfield Southcreek neighborhood is a prime opportunity for savvy buyers! Sitting on a 7,475 sq. ft. lot, this 2,600 sq. ft. home offers endless potential—perfect for a flip or rental investment. While it needs work, the bones are solid, and the layout is ideal for a modern transformation. Features include a detached garage, sunroom, and in-ground pool—ready to be restored to its former glory! Conveniently located near top-rated Cypress-Fairbanks schools, shopping, and dining. Priced to reflect needed updates, this property is being sold as-is—an excellent fix-and-flip or long-term investment. Bring your vision and unlock the hidden value in this home. Don’t miss out—opportunities like this don’t last long!

Investor Tools

Property Icon
$346,000
Estimated Property Value
$336,998Estimated Mortgage Balance
$9,002Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
$725/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,430
$319,450
2025
$74,959
$244,491
$319,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,430
$319,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Secure Financial Services Inc
Conventional
$342,000
No
First
Jul 2, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,998
$12,002
3%
97%
$2,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$2,776/mo
$-136/mo
9.2%

City: Houston

7622 Shangrila Ln | Property Details | No Agent List