Netgear R7500 is a pretty new router and still lacks of OpenSource firmware because of the new chipset. Anyway there is already an OpenWrt version available for use what can be downloaded from here:
OpenWrt for R7500
http://www.myopenrouter.com/download/56958/OpenWRT-FINAL-for-NETGEAR-R7500/
Revert back to Stock:
http://www.myopenrouter.com/download/56959/Stock-Firmware-for-NETGEAR-R7500/
The version is still a bit limited as there can not be installed any new packaged like OpenVPN, LTE support, ftp etc. But at all the firmware is pretty stable and the performance is acceptable to compare to the native firmware.
Unfortunately there isn't any source code available yet, so it is not possible to build any additional packages for this router.
Before you Upgrade / install the OpenWrt read the above post in details as there are still issues which are not resolved.
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