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$270,219

7642 Dixie Dr, Houston, TX, 77087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,249 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.14 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,139 sqft

Building Information

Year Built1949
Stories1
Garage Spaces1

Land Information

APN0700710120011
Lot Number11
SubdivisionSanta Rosa
Land UseResidential
Legal DescriptionLT 11 BLK 13 SANTA ROSA SEC 2
Census Tract333000
Assessed Land Value$57,120
Assessed Improvement Value$213,099
Assessment Year2025

About this property

Welcome home! You will enjoy your beautiful fully renovated home. It offers 3 bedrooms and 2 baths with a one car garage. Your new home has a spacious backyard perfect for family, BBQ, entertaining and much more. This location is very desirable and is only 3 miles from hobby airport and only 12 minutes to downtown. Make sure to check out the virtual tour. Contact me for a showing today and come see your new home!

Investor Tools

Property Icon
$270,219
Estimated Property Value
$185,250Estimated Mortgage Balance
$101,372Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,621 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,543
$270,219
2025
$57,120
$213,099
$270,219
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,543
$270,219

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$185,250
No
First
Sep 24, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,847
$101,372
37%
62%
$1,111/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,111/mo
+$611/mo
7.6%

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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7642 Dixie Dr | Property Details | No Agent List