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Days59Days on Market
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$176,806

8723 Chipping Ln, Houston, TX, 77088

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.09 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Electric Range, Dishwasher
FlooringLaminate, Vinyl

Exterior

Lot Size14,597 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1087280000727
Lot Number727
SubdivisionHeather Glen
Land UseResidential
Legal DescriptionLT 727 BLK 14 HEATHER GLEN SEC 3
Census Tract533401
Assessed Land Value$50,775
Assessed Improvement Value$139,225
Assessment Year2025

About this property

Opportunity awaits with this 1-story home featuring 3 bedrooms, 1.5 bathrooms, and a 2-car garage. The home offers a functional floor plan with spacious living areas and plenty of potential for customization and improvement. The kitchen and living spaces provide a solid foundation for creating the home that suits your needs and style. The bedrooms are well-sized and offer flexibility for guests, a home office, or additional living space. Windows are currently boarded, and the property is being offered in its current condition only, presenting an excellent opportunity for investors, renovators, or buyers looking to add value through updates and repairs.

Investor Tools

$0Estimated Mortgage Balance
$190,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

Interested in this property?

Victoria Testerman

Mainstay Brokerage, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,711
$190,000
2025
$50,775
$139,225
$190,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,711
$190,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$190,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
10.9%

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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8723 Chipping Ln | Property Details | No Agent List