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$371,000

NAL Estimated Property Value

6363 Fairdale Lane M, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,146 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.86 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size1,738 sqft

Building Information

Year Built2013
Garage Spaces1

Land Information

APN1297050020008
Lot Number8
SubdivisionFairdale Place Reserve T/H 2nd R/P Amend
Land UseResidential
Legal DescriptionLT 8 BLK 1 FAIRDALE PLACE RESERVE T/H 2ND R/P AMEND
Census Tract432006
Assessed Land Value$106,666
Assessed Improvement Value$230,150
Assessment Year2025

About this property

This home is delightful! Situated in the heart of the Galleria area, boasts high ceilings. Gourmet kitchen with 42" cabinetry, stainless steel appliances, and plenty of counter space, granite counter tops and kitchen island. There is also an ample breakfast bar and dining room space.Upstairs a spacious owner's suite and owner's bathroom.There is also a loft area off the owner's suite, ideal to relax in with your favorite book to read. The secondary bedroom + "Flex Room" conveniently located downstairs with private access from the oversized 2 car garage area, & access to the courtyard where gardening and potted flowers and or herbs can be enjoyed. The ample family room features engineered wood flooring and lots of natural light. This home includes the refrigerator and washer and dryer. Close to "everything" fine dining, shopping areas, The Houston Galleria, and much more. Enjoy easy access to Beltway 8, I-10 and I-69 (US 59). Gated community.

Investor Tools

Property Icon
$371,000
Estimated Property Value
$252,620Estimated Mortgage Balance
$118,380Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
$2,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,824
$336,816
2025
$106,666
$230,150
$336,816
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,824
$336,816

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$279,300
No
First
May 21, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,620
$118,380
31%
68%
$1,675/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$3,925/mo
$-2,385/mo
5.0%

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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6363 Fairdale Lane M | Property Details | No Agent List