Last 24 Hours
$574,000
NAL Estimated Property Value6014 Grace Lane A/B, Houston, TX, 77021
Off Market
Commercial
3 Beds
2 Bath
4,264 Sq Ft
Multi Family
$135.79 / sqft
Built in 2025Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesRange, Disposal, Microwave, Dishwasher
Exterior
Lot Size5,001 sqft
Land Information
APN0460360010022
Lot Number22
SubdivisionGriggs Terrace U/R
Land UseResidential
Legal DescriptionLT 22 BLK 1 GRIGGS TERRACE U/R ABST 936 WCRR CO SEC 1
Census Tract313400
Assessed Land Value$90,000
Assessment Year2025
About this property
Welcome to our new construction project! This development offers modern design and long-term value in a growing area of Houston, with easy access to the Texas Medical Center and the University. Each unit has 3 bedrooms, 2.5 baths, and a 2-car garage. The open floor plan includes 10-foot ceilings and luxury finishes. The kitchen features a granite waterfall island, stainless steel appliances, and custom cabinets with LED lighting. There are no HOA restrictions, so you can rent one unit while living in another.
Investor Tools
$574,000
Estimated Property Value
$398,113Estimated Mortgage Balance
$175,887Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,779
$90,000
2025
$90,000
N/A
$90,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,779
$90,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Builder Finance Inc
Open End Mortgage / Open End With Future Advance Clause
$404,022
No
First
Jul 28, 2025
May 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,113
$175,887
30%
69%
$2,423/mo
12.4%