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$575,000

NAL Estimated Property Value

6314 W Mystic Mdw, Houston, TX, 77021

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,669 Sq Ft
price_per_sqft$213.19 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size3,485 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1216350010034
Lot Number34
SubdivisionHermann Lake
Land UseResidential
Legal DescriptionLT 34 BLK 1 HERMANN LAKE
Census Tract313101
Assessed Land Value$157,100
Assessed Improvement Value$385,903
Assessment Year2025

About this property

Lovely one owner, patio style home in gated community of popular Hermann Lakes. Close proximity to the Texas Medical Center, to the Museum District, to Hermann Park, the Zoo and Golf Course ,and just minutes to downtown. Hard to find 2 story home with both living area and primary bedroom downstairs. The owner used the front parlor as an office and added a custom built-in for books, storage, etc. 2 additional bedrooms, game room and utilities are up. This well maintained home is in pristine condition and is move-in ready. Highlights include beautiful hardwood flooring downstairs, high ceilings, plantation shutters throughout, gas log fireplace in family room , chef's kitchen with island and desk, breakfast area overlooking the large , private bricked patio. 2 car attached, freshly painted garage. Washer and dryer included.

Investor Tools

Property Icon
$575,000
Estimated Property Value
$298,699Estimated Mortgage Balance
$575,000Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
$4,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,993
$543,003
2025
$157,100
$385,903
$543,003
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,993
$543,003

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southstate Bank Na
Open End Mortgage / Open End With Future Advance Clause
$300,000
No
First
Feb 9, 2026
Feb 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,699
$244,304
44%
52%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$6,199/mo
$-4,477/mo
3.6%

City: Houston