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$953,200

NAL Estimated Property Value

6123 Queenswood Ln, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,068 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$314.31 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size15,751 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN0771820230016
Lot Number16
SubdivisionTimbergrove Manor
Land UseResidential
Legal DescriptionLT 16 BLK 21 TIMBERGROVE MANOR SEC 5 AMEND
Census Tract510902
Assessed Land Value$584,100
Assessed Improvement Value$369,100
Assessment Year2025

About this property

Come get away from it all, and still be near it all, in this backyard OASIS! You'll love this large lot with a scenic setting in back. Enjoy TWO covered patio areas, shaded with trees, and plenty of green space to play. Wander further back and there is a very PEACEFUL patio area overlooking a green space and bayou. Enjoy time with friends and family listening to the wind whistling through the trees, and even the sound of running water from time to time. This backyard oasis also has an out outbuilding that can be used as a small office or shop. The back of the garage has another workshop area as well or storage area. This home itself has great bones, and is ready for you to make it your own or start over. The kitchen and master had recent updates, and the floor plan is very functional and open in the main living areas. All this is very close to downtown and the greater Houston area for quick access to anything you need for work or play. This is a great opportunity so come get it!

Investor Tools

Property Icon
$953,200
Estimated Property Value
$475,783Estimated Mortgage Balance
$477,417Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,719 /month
Positive
Cash Flow Estimate:
$1,906 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,471/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,889
$953,200
2025
$584,100
$369,100
$953,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,889
$953,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$523,000
No
First
Aug 26, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$475,783
$477,417
50%
50%
$3,136/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,136/mo
$-906/mo
2.8%

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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6123 Queenswood Ln | Property Details | No Agent List