The team ended the regular season with a 52–30 record and a 3rd-place finish in the Southwest.
[1] The Rockets faced the Utah Jazz in the playoffs, losing the series in seven games.
[2] With the playoff loss, the Rockets made the decision to fire head coach Jeff Van Gundy on May 18, 2007.
[3] Like the previous two seasons, Tracy McGrady and Yao Ming once again were selected to play in the 2007 NBA All-Star Game in Las Vegas.
However, McGrady was the only team representative as Yao did not play due to an injury.