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$287,000

8007 Shangrila Ln, Houston, TX, 77095

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,808 Sq Ft
price_per_sqft$121.68 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Oven
FlooringLaminate, Tile

Exterior

Lot Size7,889 sqft

Building Information

Year Built1988
Garage Spaces2

Land Information

APN1166240010008
Lot Number8
SubdivisionCopperfield Southcreek Village
Land UseResidential
Legal DescriptionLT 8 BLK 1 COPPERFIELD SOUTHCREEK VILLAGE SEC 4
Census Tract541205
Assessed Land Value$71,601
Assessed Improvement Value$199,076
Assessment Year2025

About this property

If you are looking for your very own piece of Shangrila? Look no further...This quaint well maintained brick sought after 1 story on the tranquil street of Shangrila will delight you with it's open, bright, cheerful feel. Well maintained mature landscaping and oak trees definitely contribute to the charming exterior. The open, flowing floor plan with high ceilings, centrally located focal point brick fireplace, tile and laminate wood floors that are not only beautiful but very functional. Lovely island chef kitchen with stainless steel appliances, freshly painted interior, recent condenser and furnace and new horizontal PEX Plumbing,NEW Energy efficient windows,Large master retreat with French Doors leading out to the private oversized backyard. Lovely spa-like master bath with separate walk in shower and large soaking tub. Beautiful chevron designed wood deck perfect for entertaining right off the kitchen.Don't wait to see this beauty!!

Investor Tools

Property Icon
$287,000
Estimated Property Value
$188,000Estimated Mortgage Balance
$116,300Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
$725/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,126
$270,677
2025
$71,601
$199,076
$270,677
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,126
$270,677

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sign On The Line Inc
Conventional
$188,000
No
First
Jul 22, 2021
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,700
$107,300
38%
59%
$1,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,853/mo
+$187/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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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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8007 Shangrila Ln | Property Details | No Agent List