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$1,067,386

NAL Estimated Property Value

6412 Buffalo Speedway, Houston, TX, 77005

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,905 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$327.02 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher
FlooringLaminate, Terrazzo, Tile, Vinyl

Exterior

Lot Size7,501 sqft

Building Information

Year Built1973
Stories2
Garage Spaces2

Land Information

APN0393210000021
SubdivisionWest University Place
Land UseResidential
Legal DescriptionTR 5B BLK 30 WEST UNIVERSITY PLACE SEC 1
Census Tract412300
Assessed Land Value$870,000
Assessed Improvement Value$197,386
Assessment Year2025

About this property

** multiple offers received. Please submit best and final by 10am Sunday May 11** Fantastic opportunity to acquire a 7500 sq ft lot in West University. The house is 3 bedrooms, 2.5 baths and includes an office, formal dining, formal living and family room. The primary bedroom is downstairs and two secondary bedrooms can be found upstairs. Recent updates include new flooring, new windows, new roof, new paint, and updated bathrooms. There is a detached garage to the rear of the primary structure. Live now/build later, enjoy for years to come, or start from scratch and build your dream home.

Investor Tools

Property Icon
$1,067,386
Estimated Property Value
$906,650Estimated Mortgage Balance
$160,736Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,404 /month
Positive
Cash Flow Estimate:
$2,135 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,475/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,361
$1,067,386
2025
$870,000
$197,386
$1,067,386
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,361
$1,067,386

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$921,500
No
First
Jun 6, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$906,650
$160,736
15%
85%
$5,525/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,525/mo
$-2,945/mo
2.9%

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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6412 Buffalo Speedway | Property Details | No Agent List