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$2,350

6418 Ferris Dr Apt 3, Houston, TX, 77081

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,116 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size1,821 sqft

Building Information

Year Built1997
Stories3
Garage Spaces2

Land Information

APN0370550160124
SubdivisionWestmoreland Farms
Land UseResidential
Legal DescriptionTR 6B-3 BLK 16 & .10 U/D INT IN TR 6B-10 BLK 16 (COMMON AREA) WESTMORELAND FARMS
Census Tract421501
Assessed Land Value$118,300
Assessed Improvement Value$197,228
Assessment Year2025

About this property

A cute 3-story house in a small, safe gated community, zoned to Bellaire High School, 1st bedroom and 1 full bath on the 1st floor, master and 2nd bedroom in 3rd floor, living area with bright light, and updated kitchen in 2nd floor

Investor Tools

$194,299Estimated Mortgage Balance
$206,508Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Diem Chu

L&D REALTY, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$703/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,434
$315,528
2025
$118,300
$197,228
$315,528
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,434
$315,528

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$220,050
No
First
Jun 1, 2020
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,299
$216,701
52%
49%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,320/mo
+$402/mo
5.2%

Learn About the Market: Opportunity in Houston

Local Market Pages
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Explore

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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6418 Ferris Dr Apt 3 | Property Details | No Agent List