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$235,000

NAL Estimated Property Value

7702 Cedel Dr, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,392 Sq Ft
price_per_sqft$176.01 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
FlooringTile, Wood

Exterior

Lot Size8,777 sqft

Building Information

Year Built1958
Stories1
Garage Spaces1

Land Information

APN0891830000008
Lot Number8
SubdivisionSilverbonnet Place
Land UseResidential
Legal DescriptionLT 8 BLK 1 SILVERBONNET PLACE
Census Tract520400
Assessed Land Value$175,758
Assessed Improvement Value$59,242
Assessment Year2025

About this property

Come all INVESTORS or those looking to get into Spring Branch at a great price point! This HUGE LOT can be divided. The house is livable and has a very functional floor plan. The spacious kitchen has plenty of cabinets and room for a breakfast table. There is a flex room just off the kitchen that would make a great family room, playroom, or additional bedroom if needed. This property is situated on a quiet street with recent construction. Supply pipes replaced with PEX 2019. Ductwork & AC distribution plenum replaced in 2025. There is so much potential on 7702 Cedel Drive!

Investor Tools

Property Icon
$235,000
Estimated Property Value
$229,822Estimated Mortgage Balance
$5,178Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,785
$235,000
2025
$175,758
$59,242
$235,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,785
$235,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$231,500
Yes
First
Dec 22, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,822
$5,178
2%
98%
$1,388/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,388/mo
+$334/mo
8.8%

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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7702 Cedel Dr | Property Details | No Agent List