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$199,980

6437 Chatham Island Ln, Houston, TX, 77035

$200,061 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.8 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,731 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1152950020002
Lot Number2
SubdivisionOld Chatam U/R R/P
Land UseResidential
Legal DescriptionTR 2A W 39 FT OF LT 2 BLK 2 OLD CHATAM U/R R/P
Census Tract422303
Assessed Land Value$57,330
Assessed Improvement Value$143,258
Assessment Year2025

About this property

Ready for immediate move-in! This beautifully remodeled 4-bedroom, 2.5-bath home features a spacious open floor plan with a large family room showcasing a soaring ceiling, a generous kitchen with abundant cabinet storage, a formal dining room, and a sunny breakfast area. Upstairs offers the primary suite, two secondary bedrooms, and an additional full bath, while the first floor includes a guest bedroom and a half bath. The home also features dual gas-burning fireplaces, adding warmth and charm to both the family room and the primary bedroom. Recent updates include fresh interior and exterior paint, a new high-efficiency A/C and furnace, new stainless steel kitchen appliances, new light fixtures throughout, new toilets, a new garbage disposal, and much more. The foundation has just been leveled and comes with a lifetime transferable warranty. Located in a quiet neighborhood with easy access to the Galleria, the Medical Center, NRG Stadium, Downtown, and UH.

Investor Tools

$64,224Estimated Mortgage Balance
$151,776Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$200,061
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

Interested in this property?

Eric Fu

Orca Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$264
$200,588
2025
$57,330
$143,258
$200,588
No

Tax History

Year
Tax Paid
Assessed Value
2020
$264
$200,588

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dallas Home Loans Inc
Credit Line (Revolving) / Heloc
$92,800
No
First
May 14, 2007
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,224
$145,776
69%
30%
$815/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$815/mo
+$1,411/mo
12.4%

City: Houston

6437 Chatham Island Ln | Property Details | No Agent List