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$136,000

7738 Parker Rd, Houston, TX, 77016

$144,169 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,174 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.29 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Refrigerator
FlooringVinyl

Exterior

Lot Size7,993 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN0824850000035
Lot Number35
SubdivisionScenic Woods
Land UseResidential
Legal DescriptionLT 35 BLK 12 SCENIC WOODS
Census Tract231400
Assessed Land Value$45,494
Assessed Improvement Value$84,167
Assessment Year2025

About this property

Three bedroom, 1.5 bathroom ranch with an attached two-car garage. This home features an open-concept layout, seamlessly connecting the family room, dining area, and kitchen—perfect for both everyday living and entertaining. The kitchen is equipped with laminate countertops and stainless steel appliances. The primary bedroom includes an attached half bath and sliding doors that open to a covered patio and spacious backyard. Schedule your showing today!

Investor Tools

Property Icon
$136,000
Estimated Property Value
$145,960Estimated Mortgage Balance
$0Estimated Equity
-7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$144,169
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,880
$129,661
2025
$45,494
$84,167
$129,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,880
$129,661

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Fha
$145,960
Yes
First
Jul 10, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,826
N/A
0%
106%
$876/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$876/mo
+$846/mo
15.2%

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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7738 Parker Rd | Property Details | No Agent List