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$415,000

NAL Estimated Property Value

7909 Dixie Dr, Houston, TX, 77087

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths2 Bath
Baths2,399 Sq Ft
Multi FamilyMulti Family
price_per_sqft$112.13 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size12,898 sqft

Building Information

Year Built1940
Stories1

Land Information

APN0282850000001
Lot Number1
SubdivisionPark Place
Land UseResidential
Legal DescriptionLT 1 BLK 12 PARK PLACE
Census Tract333000
Assessed Land Value$64,500
Assessed Improvement Value$141,455
Assessment Year2025

About this property

The world is your oyster. This 2 unit duplex is great for rental income or teardown and build new.

Investor Tools

Property Icon
$415,000
Estimated Property Value
$0Estimated Mortgage Balance
$415,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,309
$205,955
2025
$64,500
$141,455
$205,955
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,309
$205,955

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$420,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
6.4%

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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7909 Dixie Dr | Property Details | No Agent List