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$418,000

NAL Estimated Property Value

6406 Joe Louis Ln, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,524 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.63 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,449 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN0814320000005
Lot Number5
SubdivisionInternational
Land UseResidential
Legal DescriptionLT 5 INTERNATIONAL SEC 2
Census Tract531900
Assessed Land Value$71,844
Assessed Improvement Value$324,406
Assessment Year2025

About this property

Brand new construction home, located in the popular Acres Homes neighborhood, boasts an inviting brick exterior w/a spacious open-layout, high ceilings, designer finishes & vinyl plank wood look flooring throughout the common areas. The bright kitchen opens to the living area & is the heart of this home featuring stainless steel appliances (fridge included!), modern quartz countertops w/kitchen island, breakfast nook & additional bar seating creating a perfect setting for entertaining guests or spending quality time with family. The grand primary bedroom features seating area, walk-in closet w/custom cabinetry, luxurious en-suite bathroom w/ample counter space, double sinks, large frameless walk-in shower & separate soaking tub. All bedrooms have plush carpeting, ceiling fans & spacious closets. Window blinds included! Utility room conveniently located inside by office nook. The expansive backyard is completely fenced in & a great space to enjoy the outdoors! Welcome to your new home!

Investor Tools

Property Icon
$418,000
Estimated Property Value
$265,502Estimated Mortgage Balance
$152,498Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,508 /month
Positive
Cash Flow Estimate:
$836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,505
$396,250
2025
$71,844
$324,406
$396,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,505
$396,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$280,000
No
First
Jul 6, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,502
$152,498
36%
64%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,679/mo
+$43/mo
4.9%

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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6406 Joe Louis Ln | Property Details | No Agent List