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$625,000

NAL Estimated Property Value

6023 Matthew Oaks Place, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,452 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$254.89 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Wine Refrigerator, Electric Oven, Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,148 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN1376020100015
Lot Number15
Land UseResidential
Legal DescriptionLT 15 BLK 4 COTTAGE GROVE LAKE PAR R/P
Census Tract510901
Assessed Land Value$171,680
Assessed Improvement Value$389,147
Assessment Year2025

About this property

Arguably THE BEST location in sought after Cottage Grove Lake in the heart of Cottage Grove where you'll find noteworthy direct lake views from both living and extended balcony, courtyard views form kitchen and plethora of guest parking steps from front door! A home with sleek design and exceptional premium finishes including an abundance of natural light, lake and foliage views and must-have tri-fold balcony sliders, gleaming engineered hardwoods throughout, custom title work, soaring ceilings, elevator capable and more! You'll find handcrafted soft close cabinets, seamless counters and generously sized rooms and his and her dual primary closets. Other details include custom office built-ins, beverage bar equipped with extra storage/beverage fridge, wine rack display, large welcoming foyer, garage Tesla charger, direct dog park access from front door and more! A home with attention to detail and boast worthy community location. Bonus - No stucco! All appliances included.

Investor Tools

Property Icon
$625,000
Estimated Property Value
$437,989Estimated Mortgage Balance
$187,011Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,026/month
$2,541/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,187
$560,827
2025
$171,680
$389,147
$560,827
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,187
$560,827

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$494,000
No
First
Jul 10, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$437,989
$187,011
29%
70%
$2,962/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,503/mo
$-2,923/mo
5.0%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
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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6023 Matthew Oaks Place | Property Details | No Agent List