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Owner Contacts

$308,000

NAL Estimated Property Value

6031 Ludington Drive, Houston, TX, 77035

Off Market

3 Beds

2 Bath

1,922 Sq Ft

Single Family Residence

$156.04 / sqft

Built in 1964

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size8,520 sqft

Building Information

Year Built1964

Stories1

Garage Spaces1

Land Information

APN0871260000004

Lot Number4

SubdivisionWestbury

Land UseResidential

Legal DescriptionLT 4 BLK 93 WESTBURY SEC 4

Census Tract422302

Assessed Land Value$88,830

Assessed Improvement Value$193,235

Assessment Year2025

About this property

Located in popular Westbury, with easy access to TX Medical Center, Galleria and Downtown. This home has been professionally and tastefully renovated and is ready for you to call home. You're going to love your kitchen which gleams with white Carrera marble counters w/waterfall edging, SS appliances including a 36" gas range, microwave, dishwasher & fridge Bathrooms are tastefully appointed with granite counters and porcelain tile. Primary bath includes a frame-less glass shower with glass accent tile. New LVP floors run throughout the home. Recent improvements: low e-insulated vinyl windows, 30 year roof, seamless gutter system, french drain, foundation leveled, under-slab plumbing replaced, paver patio extension/wood deck, large fully fenced back yard, A/C recently replaced, new main gas line, new gas water heater 2021. Beautifully updated!!! This is a must see!! Spouse of owner is Licensed Texas Realtor. Schedule your tour today

Investor Tools

$308,000

Estimated Property Value

$231,327Estimated Mortgage Balance

$76,673Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,848 /month

Positive

Cash Flow Estimate:

$616 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$445/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,795

$282,065

2025

$88,830

$193,235

$282,065

Tax History

Year

Tax Paid

Assessed Value

2024

$3,795

$282,065

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$253,800

First

Sep 3, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$231,327

$76,673

24%

75%

$1,522/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,522/mo

+$200/mo

6.7%

Learn About the Market: Opportunity in Houston

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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.

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