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$229,000

NAL Estimated Property Value

6119 Elkwood Forest Dr, Houston, TX, 77088

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,762 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.86 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size7,148 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1084510000005
Lot Number5
SubdivisionInwood North
Land UseResidential
Legal DescriptionLT 5 BLK 9 017*I5645955-001-009-005 INWOOD NORTH SEC 1
Census Tract532600
Assessed Land Value$57,465
Assessed Improvement Value$158,505
Assessment Year2025

About this property

Charming one story home with 4 bedrooms and 2 bathrooms in Inwood North. Spacious family room with vaulted ceiling and cozy fireplace. Roomy kitchen with granite countertops, stainless steel appliances and an electric cooktop. Master suite with wood tile flooring, spacious shower and a large walk-in closet. Extra built-in storage near the 2 secondary bedrooms. Comfortable backyard featuring a covered patio with ceiling fan. Centrally located to 290, Beltway 8 and 610 North. This home is in need of TLC but has great potential

Investor Tools

Property Icon
$229,000
Estimated Property Value
$193,507Estimated Mortgage Balance
$35,493Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,347
$215,970
2025
$57,465
$158,505
$215,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,347
$215,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$206,196
Yes
First
Jan 26, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,507
$41,493
17%
85%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,587/mo
+$639/mo
11.7%

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.

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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6119 Elkwood Forest Dr | Property Details | No Agent List