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$325,000

7606 Shangrila Ln, Houston, TX, 77095

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,291 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.86 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Exhaust Fan
FlooringTile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size7,706 sqft

Building Information

Year Built1988
Garage Spaces1

Land Information

APN1167610040024
Lot Number24
SubdivisionCopperfield Southcreek Village
Land UseResidential
Legal DescriptionLT 24 BLK 4 COPPERFIELD SOUTHCREEK VILLAGE SEC 7
Census Tract541205
Assessed Land Value$74,430
Assessed Improvement Value$271,750
Assessment Year2025

About this property

Welcome to 7606 Shangrila Lane, an updated single-story home in Copperfield Southcreek Village. The kitchen features granite counters, stainless steel appliances, a beverage refrigerator in the island, and ShelfGenie pull-out drawers for smart storage. Hard-surface flooring throughout means no carpet. The 3-bedroom, 2-bath layout also includes a flexible office with glass French doors and a closet that can serve as a potential fourth bedroom. The primary suite offers a garden tub plus an updated separate shower with a frameless glass surround and rain showerhead. Enjoy the convenience of the covered back patio. Major updates include a 2024 roof, HVAC and furnace replaced in 2022, Energy Star-rated double-pane Low-E windows replaced in 2018-2019, and a Generac whole-home generator installed in 2021. Zoned to Cy-Fair schools!

Investor Tools

$11,352Estimated Mortgage Balance
$334,828Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,077 /month
Positive
Cash Flow Estimate:
$692 /month

Interested in this property?

Jim Mulholland

Cy-Fair Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$154/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$117
$346,180
2025
$74,430
$271,750
$346,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$117
$346,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Coldwell Banker Mortgage
Conventional
$60,000
No
First
Apr 19, 2013
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$11,352
$334,828
96%
3%
$597/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$1,347/mo
+$1,293/mo
9.2%

City: Houston

7606 Shangrila Ln | Property Details | No Agent List