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$1,597,000

NAL Estimated Property Value

6505 Corbin St, Houston, TX, 77055

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths1,143 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$371.83 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,826 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN0752190110016
Lot Number16
SubdivisionWestview Terrace
Land UseResidential
Legal DescriptionLT 16 BLK 11 WESTVIEW TERRACE
Census Tract520100
Assessed Land Value$409,500
Assessed Improvement Value$1,072,283
Assessment Year2025

About this property

Fantastic Opportunity to Build your Dream Home in the Sought after neighborhood of Westview Terrace! Large 6,825sqft Treed Lot perfectly located on Quiet Street in Fast Growing Section of Spring Branch with New Construction Custom Homes popping up throughout. Close in town to Galleria, Memorial Area, Downtown, Memorial Park, 610, I-10, 290, Shops, and Restaurants. Being sold for lot value. Location, Location, Location!

Investor Tools

Property Icon
$1,597,000
Estimated Property Value
$1,247,776Estimated Mortgage Balance
$349,224Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,582 /month
Positive
Cash Flow Estimate:
$3,194 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,740/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,890
$1,481,783
2025
$409,500
$1,072,283
$1,481,783
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,890
$1,481,783

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameritrust Mortgage Corp
Conventional
$1,284,000
No
First
Oct 17, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,247,776
$272,224
17%
78%
$7,699/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$7,699/mo
$-5,473/mo
1.7%

City: Houston

6505 Corbin St | Property Details | No Agent List