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$312,000

NAL Estimated Property Value

7938 Hammerly Blvd, Houston, TX, 77055

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.48 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Refrigerator
FlooringCarpet, Tile, Vinyl, Wood

Exterior

Lot Size7,632 sqft

Building Information

Year Built1956
Stories1
Garage Spaces2

Land Information

APN0812680000016
Lot Number16
SubdivisionSpringdale
Land UseResidential
Legal DescriptionLT 16 BLK 2 SPRINGDALE
Census Tract520601
Assessed Land Value$192,908
Assessed Improvement Value$95,132
Assessment Year2025

About this property

Wonderful opportunity in the heart of Spring Branch. This move-in-ready property features a MAIN HOUSE WITH 3 BEDROOMS + A FULLY EQUIPPED 2 BEDROOM GUEST HOUSE with its own kitchen, living area, and private entry—ideal for generating rental income or accommodating extended family. The property offers ample parking, providing added convenience for residents and guests. The main home includes key updates such as a NEWER ROOF (2024), new carpet, fresh interior paint, a 2022 water heater, 2022 breaker panel, and 2018 AC. With flexible living arrangements, strong rental potential, and a spacious layout, this property is a rare find. Located near major highways, shopping, dining, and schools, it offers exceptional value and versatility in one of Houston’s most desirable and fast-growing communities.

Investor Tools

Property Icon
$312,000
Estimated Property Value
$46,561Estimated Mortgage Balance
$265,439Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,274
$288,040
2025
$192,908
$95,132
$288,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,274
$288,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameriquest Mortgage Co
Unknown
$100,800
No
First
Mar 1, 2006
May 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,561
$265,439
85%
15%
$605/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$605/mo
+$1,117/mo
6.6%

City: Houston

7938 Hammerly Blvd | Property Details | No Agent List