
$698,926
NAL Estimated Property Value6423 New York St # A, Houston, TX, 77021
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About this property
Explore a unique investment opportunity in South Union, featuring a new construction multi-family just minutes from the Medical Center and the 288 freeway. Each unit offers 1,386 square feet 3 bedroom 3 full bath consisting of prime living space, with estimated rental rates of $1,800-$2000 per month per unit, ensuring robust cash flow potential. Whether you're a first-time homebuyer looking to invest or a seasoned investor seeking a high-cap-rate property, this multi is your gateway to financial success. This is a great way to own a property which allows the tenant to pay a large portion of the mortgage while living in one unit and for investors the potential for significant long-term gains. Appraisal in hand with above value at 920k!
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Learn About the Market: Opportunity in Houston




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.
Population Growth
~1.2%
Net Migration
Positive
Median Home Price
$261,700
Unemployment Rate
4.10%
Price Trend
~2–4% YoY growth
New Permits
~6,800 units
City: Houston
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These are Deal List properties graded A+, A.
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