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$875,000

NAL Estimated Property Value

612 Wendel Street, Houston, TX, 77009

Off MarketInfo

About this property

Oversized lot in the highly desirable neighborhood of Woodland Heights, zoned to Travis Elementary! This is the perfect community to build your dream home in, and values have been trending up for many years. So many restaurants, shops, parks, walking trails nearby, downtown just a few miles away, and close proximity to several major freeways. Purchase this lot alone or purchase the adjacent 9,880 sq.ft that faces Ridge, to have just under 20,000 sq.ft. of prime land! The seller is open to working with multiple buyers with the same goal of subdividing the property at closing. Drive by only, please do not walk the property without permission.

Investor Tools

Property Icon
$875,000
Estimated Property Value
$0Estimated Mortgage Balance
$875,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Houston

612 Wendel Street | Property Details | No Agent List