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Owner Contacts

$488,000

NAL Estimated Property Value

6038 Valkeith Dr, Houston, TX, 77096

Off Market

3 Beds

3 Bath

2,304 Sq Ft

Single Family Residence

$203.56 / sqft

Built in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size8,281 sqft

Building Information

Year Built1968

Stories1

Garage Spaces2

Land Information

APN0961590000017

Lot Number17

SubdivisionMaplewood South

Land UseResidential

Legal DescriptionLT 17 BLK 20 MAPLEWOOD SOUTH SEC 6

Census Tract422502

Assessed Land Value$207,000

Assessed Improvement Value$197,359

Assessment Year2025

About this property

Beautiful updated open floor plan makes daily activities of living and entertaining carefree. Engineered wood flooring in living, dining, kitchen, hall, and entry. Updated kitchen is a cook's delight with quartz counters, gas cook top, double oven, microwave, farm house sink. Convenient half bath was added in 2015. Dining room is open to living area. Energy efficient windows and 2021 roof are a plus in this Texas weather. Glass sliding doors bring the outdoors in and create an inviting flow from living room to patio, outdoor kitchen, pool size backyard. Primary bedroom enjoys recessed lighting, ceiling fan with light, built in vanity. Primary bath updated with quartz counter, seamless glass shower surround. PEX plumbing, sewer lines updated, sprinkler system, never flooded. Showing to begin at open house Sunday 11/17/24

Investor Tools

$488,000

Estimated Property Value

$246,635Estimated Mortgage Balance

$241,365Estimated Equity

48% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,928 /month

Positive

Cash Flow Estimate:

$976 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$687/month

$526/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,810

$404,359

2025

$207,000

$197,359

$404,359

Tax History

Year

Tax Paid

Assessed Value

2024

$5,810

$404,359

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$253,000

First

Dec 27, 2024

Jan 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$246,635

$231,365

48%

51%

$1,517/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,043/mo

$-321/mo

4.2%

Learn About the Market: Opportunity in Houston

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