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$225,000

7965 Fields St, Houston, TX, 77028

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.97 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesSide Yard
Lot Size5,001 sqft

Building Information

Year Built2004
Garage Spaces1

Land Information

APN0862340000061
Lot Number56
SubdivisionSettegast Gardens
Land UseResidential
Legal DescriptionLT 56 BLK 12 SETTEGAST GARDENS SEC 4
Census Tract230900
Assessed Land Value$72,000
Assessed Improvement Value$93,356
Assessment Year2025

About this property

**INVESTORS ONLY! ** Income-producing investment opportunity in the Settegast Gardens community with a long-term tenant currently in place. The same tenant has occupied the property since **2008** and recently renewed the lease in August 2026. This property will provide immediate rental income from day one. Currently leased at $1,075 but starting October 1st increases to $1,150 per month. The property needs some TLC, offering an investor the opportunity to make improvements while maintaining an established rental income stream. Major updates, recent HVAC repair per tenant Ideal for an investor seeking an occupied rental property with an established tenant and immediate cash flow. **Tenant intends to remain in the property. INVESTOR PURCHASE ONLY. NO OWNER-OCCUPANTS. NO FHA OR VA FINANCING.

Investor Tools

$0Estimated Mortgage Balance
$213,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Verenda Hodge

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,491
$165,356
2025
$72,000
$93,356
$165,356
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,491
$165,356

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$213,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$200/mo
+$1,522/mo
9.7%

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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