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Owner Contacts

$292,622

NAL Estimated Property Value

7923 Shangrila Ln, Houston, TX, 77095

Off Market

3 Beds

2 Bath

1,808 Sq Ft

Single Family Residence

$165.87 / sqft

Built in 1988

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Tile

Exterior

Lot Size6,765 sqft

Building Information

Year Built1988

Garage Spaces2

Land Information

APN1166240010015

Lot Number15

SubdivisionCopperfield Southcreek Village

Land UseResidential

Legal DescriptionLT 15 BLK 1 COPPERFIELD SOUTHCREEK VILLAGE SEC 4

Census Tract541205

Assessed Land Value$70,418

Assessed Improvement Value$222,204

Assessment Year2025

About this property

Charming, renovated residence located in the Copperfield area. This home boasts 3 bedrooms and 2 bathrooms and great use of space. The kitchen has been tastefully updated, featuring quartz countertops and a custom Brazilian cherry butcher block island with a farmhouse kitchen sink. The entire interior showcases a fresh and modern paint palette. Enjoy an open concept design that seamlessly connects the living, kitchen, and dining areas. The primary bedroom is spacious, offering a large walk-in closet and convenient access to the backyard. Step outside to discover a fantastic outdoor space, perfect for patio seating. The backyard is enhanced by a new back fence and provides private access to the hike and bike trail located behind the home. Schedule to see this versatile and move-in ready home!

Investor Tools

$292,622

Estimated Property Value

$273,328Estimated Mortgage Balance

$19,294Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,799 /month

Positive

Cash Flow Estimate:

$600 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$288/month

$700/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,996

$292,622

2025

$70,418

$222,204

$292,622

Tax History

Year

Tax Paid

Assessed Value

2024

$1,996

$292,622

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Frost Bank

Conventional

$284,905

First

Feb 7, 2024

Mar 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$273,328

$19,294

93%

$1,709/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,040/mo

$2,409/mo

$-369/mo

8.4%

Learn About the Market: Opportunity in Houston

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