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$207,601

7958 Rand St, Houston, TX, 77028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,245 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.39 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range

Exterior

Lot Size12,210 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN0720270060095
Lot Number95
SubdivisionGarfield Place
Land UseResidential
Legal DescriptionLT 95 BLK 6 GARFIELD PLACE SEC 2
Census Tract230900
Assessed Land Value$87,345
Assessed Improvement Value$120,256
Assessment Year2025

About this property

Just an ADORABLE home on oversized lot with horse stables or build additional quarters! Buyers will love the gorgeous remodeled kitchen, appliances, countertops, stylishly updated bathrooms and more. New PEX water supply lines and attic ducting. This cottage-style home has 3-4 bedrooms and lots of space to spread out and enjoy the oversized lot. Great location! Jump on 610 within 60 seconds and zoom to wherever you need to be! New construction and development all around. Super investment opportunity as well.

Investor Tools

Property Icon
$207,601
Estimated Property Value
$152,192Estimated Mortgage Balance
$55,829Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,246 /month
Positive
Cash Flow Estimate:
$415 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,903
$207,601
2025
$87,345
$120,256
$207,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,903
$207,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$152,192
Yes
First
Apr 19, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,772
$55,829
26%
73%
$1,002/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,002/mo
+$720/mo
10.0%

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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7958 Rand St | Property Details | No Agent List