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$285,000

6037 Wakanda Ln, Houston, TX, 77048

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,027 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,651 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1403250010008
Lot Number8
Land UseResidential
Legal DescriptionLT 8 BLK 1 MARTINDALE DREAMS
Census Tract331602
Assessed Land Value$50,185
Assessed Improvement Value$234,815
Assessment Year2025

About this property

New hone.

Investor Tools

Property Icon
$285,000
Estimated Property Value
$251,963Estimated Mortgage Balance
$48,958Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,994
$285,000
2025
$50,185
$234,815
$285,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,994
$285,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$251,963
No
First
Dec 29, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,042
$48,958
17%
83%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,061/mo
$-339/mo
7.3%

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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6037 Wakanda Ln | Property Details | No Agent List