A simple and accurate model for predicting the elastic properties of gas hydrate-bearing sediment (GHBS) is proposed and validated against experimental data. It is developed on the basis of the homogenization theory for multiphase composite. Unlike the classical homogenization techniques those fix a homogenization scheme (e.g. self-consistent, Mori-Tanaka, DEM, etc.) for a given microstructure, the proposed model considers a flexible homogenization scheme that adapts with the change of the microstructure of the material. The idea is to modify the elastic properties of the reference matrix with respect to the microstructure change of the mixture. Such modification is ensured by adapting the theoretical method to available experimental data. The derived method is proved to be very powerful as it can fit laboratory measured data on gas hydrate-bearing sand formed by different methods including excess gas and excess water methods and log data taken from various sites. Such feature cannot be satisfied by the existent models those consider the hydrate phase as a cement phase or a pore-filling phase. A very good agreement between the proposed method and experimental data offer a simple and accurate ways to predict the saturation of gas hydrate using sonic log data or 3D seismic data.