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$188,053

NAL Estimated Property Value

6402 Ludington Dr, Houston, TX, 77035

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,615 Sq Ft
price_per_sqft$232.2 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Convection Oven, Induction Cooktop
FlooringLaminate, Tile

Exterior

Lot Size6,939 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1131510000011
Lot Number11
SubdivisionSouthwood Place
Land UseResidential
Legal DescriptionLT 11 BLK 1 SOUTHWOOD PLACE SEC 5 R/P
Census Tract422304
Assessed Land Value$58,452
Assessed Improvement Value$129,601
Assessment Year2025

About this property

Thoughtfully rebilt from the studs out w/a comprehensive reno completed 12/25, this turn-key 3/4 bdrm, 3.5 bath, 2167 sq ft home, per owner, w/1 bdrm in-law suite, a full bath, liv/din, kitchen, sep/private entrance, combines the charm of an establishd neighborhd w/peace of mind of virtually all-new construct. Every major system replacd, includ roof, foundat. w/a lifetime transferble warranty, all new plumbg, sewer lines, electrical wirng, energy efficient w ndws/exterior doors, smart multi-zone mini-split HVAC systm, & insulat t/o attic & inter/exter walls-xceeding standrd buildg code requi. Exterior transformd w/new brick/siding/French drains. Multiple skylights fill the open concept liviing spaces w/natural light, while comm.-grade flooring, modern kitchn w/breakfst bar seatg 4, smart-home features compatible w/Alexa/Google Home, lux primary suite w/double showr, secondary bathrm w/soaking tub, convenient guest 1/2 bath, & office/study. Conveniently located across from comm pool.

Investor Tools

Property Icon
$188,053
Estimated Property Value
$152,699Estimated Mortgage Balance
$35,818Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,966
$188,053
2025
$58,452
$129,601
$188,053
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,966
$188,053

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Canopy Mortgage Llc
Conventional
$155,200
No
First
Jun 24, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,699
$35,354
18%
81%
$931/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,231/mo
+$491/mo
11.0%

City: Houston

6402 Ludington Dr | Property Details | No Agent List