B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$794,000

NAL Estimated Property Value

6215 Waltway Dr, Houston, TX, 77008

Sold

6/30/26

3 Beds

3 Bath

2,088 Sq Ft

Single Family Residence

$263.41 / sqft

Built in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile

Exterior

Lot Size8,451 sqft

Building Information

Year Built1957

Stories1

Garage Spaces2

Land Information

APN0812410000005

Lot Number5

SubdivisionTimbergrove Manor

Land UseResidential

Legal DescriptionLT 5 BLK 31 TIMBERGROVE MANOR SEC 6

Census Tract511004

Assessed Land Value$391,250

Assessed Improvement Value$121,263

Assessment Year2025

About this property

Located inside the loop and in the heart of Timbergrove sits 6512 Waltway Drive, a picture-perfect 3 bedroom/2.5 bathroom one-story traditional ranch on a beautiful 8,450 square foot lot (HCAD). Curbed & guttered street with sidewalks & close to the exercise trails that connect to downtown Houston. Great opportunity with 2,088 square feet (HCAD) of living space including a large living room, spacious kitchen with connected dining area & generous family room with fireplace. Original hardwoods under bedroom, living & hallway carpet. Good storage as well. Laundry inside house. Two car attached garage + additional driveway parking. Lush & mature landscaping provides wonderful scenery. Fenced backyard with pergola, workshop, greenspace & drainage system. Back energy efficient windows, updated HVAC units & sprinkler system in place. Zoned to Sinclair Elementary/Black MS/Waltrip HS (buyer to verify eligibility). Lots of neighborhood restaurants, shops and parks nearby. All info per Seller.

Investor Tools

$794,000

Estimated Property Value

$0Estimated Mortgage Balance

$794,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,764 /month

Positive

Cash Flow Estimate:

$1,588 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$463/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,589

$512,513

2025

$391,250

$121,263

$512,513

Tax History

Year

Tax Paid

Assessed Value

2024

$1,589

$512,513

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$794,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

N/A

+$2,230/mo

3.4%

Learn About the Market: Opportunity in Houston

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