Street View

B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$243,950

NAL Estimated Property Value

7969 Rand St, Houston, TX, 77028

Off Market

3 Beds

2 Bath

1,750 Sq Ft

Single Family Residence

$1.09 / sqft

Built in 2022

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Trash Compactor, Dishwasher

FlooringTile

Exterior

Lot Size8,159 sqft

Building Information

Year Built2021

Land Information

APN0720270050086

Lot Number86

SubdivisionGarfield Place

Land UseResidential

Legal DescriptionLT 86 BLK 5 GARFIELD PLACE SEC 2

Census Tract230900

Assessed Land Value$69,116

Assessed Improvement Value$174,834

Assessment Year2025

About this property

Nicely built 3-bed, 2-bath new construction home on a corner lot, gated for security. Features open-concept living and dining, kitchen with granite countertops, designer tile backsplash, and stainless steel appliances. Includes a walk-in pantry, ceramic tile throughout, spacious bedrooms with custom closets, and a master bedroom with a large walk-in closet. Both bathrooms have a shower and tub combo. Additional highlights: oversized utility room, Carrier 16 Seers "Boost Furnace" for central air and heat, SMART alarm and security system, with negotiable cameras. Ample parking within the gated property, minutes from Downtown, centrally located with easy access to 610/59/I-45/10/225. Call to schedule your appointment for a 3D virtual tour.

Investor Tools

$243,950

Estimated Property Value

$487,382Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,464 /month

Positive

Cash Flow Estimate:

$488 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$510/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,901

$243,950

2025

$69,116

$174,834

$243,950

Tax History

Year

Tax Paid

Assessed Value

2024

$4,901

$243,950

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Dept Of Housing & Cmnty Affairs

Stand Alone Second / Subordinate Position

$245,471

First

Dec 22, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$487,382

N/A

200%

$2,944/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,944/mo

$-1,222/mo

8.5%

Learn About the Market: Opportunity in Houston

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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.

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