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Days41Days on Market
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$649,000

$659,000

6501 Schiller St, Houston, TX, 77055

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths1,201 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$540.38 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,255 sqft

Building Information

Year Built1949
Stories1
Garage Spaces4

Land Information

APN0752200190008
Lot Number8
SubdivisionWestview Terrace
Land UseResidential
Legal DescriptionLT 8 BLK 19 WESTVIEW TERRACE SEC 2
Census Tract520100
Assessed Land Value$452,400
Assessed Improvement Value$71,145
Assessment Year2025

About this property

Builder/investor opportunity in highly desirable 77055 / Westview Terrace area. Property is being sold primarily for lot value and is ideal for a tear-down, custom new construction, spec home, or luxury redevelopment project. Existing structure is present, but property is best suited for builders looking for their next infill project. Surrounded by new construction, with a new build currently under construction directly behind the property. Excellent location near Spring Branch, Memorial, The Heights, Energy Corridor, Downtown Houston, major freeways, shopping, dining, and redevelopment activity. Great opportunity for a local builder, investor, or end user seeking to build a custom home in a rapidly transitioning neighborhood. Buyer to independently verify building restrictions, setbacks, utilities, permitting, lot dimensions, deed restrictions, and development feasibility. Property sold as-is, where-is. No interior access at this time.

Investor Tools

$0Estimated Mortgage Balance
$692,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

Interested in this property?

Travis Wade

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$138
$523,545
2025
$452,400
$71,145
$523,545
No

Tax History

Year
Tax Paid
Assessed Value
2024
$138
$523,545

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$692,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
2.3%

Learn About the Market: Opportunity in Houston

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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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6501 Schiller St | Property Details | No Agent List