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$530,000

6502 Letcher Street, Houston, TX, 77028

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,870 Sq Ft
DuplexDuplex
price_per_sqft$184.67 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRange, Disposal, Microwave, Dishwasher
FlooringVinyl Plank, Carpets

Exterior

Lot Size7,148 sqft

Land Information

APN0670560050001
Lot Number1
SubdivisionReba
Land UseResidential
Legal DescriptionLT 1 BLK 5 REBA SEC 2
Census Tract230900
Assessed Land Value$66,814
Assessment Year2025

About this property

Brand-new construction duplex offering 2870 total sq ft with two spacious units, each approximately 1435 sq ft and featuring its own attached garage. Designed with an elevated modern finish package, open-concept living, statement kitchens, quartz countertops, oversized islands, custom cabinetry, designer lighting and beautifully finished bathrooms. Each residence offers the privacy and functionality of a separate home while providing the flexibility of multifamily living. Ideal for an owner-occupant looking to live in one unit and lease the other, or an investor seeking a new-construction income-producing property. Convenient access to major Houston thoroughfares and Downtown.

Investor Tools

$285,835Estimated Mortgage Balance
$105,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Ericka Spencer

Nextgen Real Estate Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,080
$66,814
2025
$66,814
N/A
$66,814
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,080
$66,814

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Ranger Capital Investments Reit Llc
Purchase Money Mortgage
$287,500
No
First
Apr 28, 2026
May 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,835
N/A
0%
272%
$1,724/mo

City: Houston

6502 Letcher Street | Property Details | No Agent List