10view

Owner Contacts

$314,000

NAL Estimated Property Value

6507 Texas Street, Houston, TX, 77011

$408,200 ARV

Off Market

5 Beds

2 Bath

3,050 Sq Ft

$48.85 / sqft

Built in 1920

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 1

Garage Available

Heating

Exterior

Lot Size5,001 sqft

Building Information

Year Built1920

Garage Spaces1

Land Information

APN0610810010011

Lot Number11

SubdivisionWoodhurst

Land UseResidential

Legal DescriptionLT 11 BLK 1 WOODHURST

Census Tract310900

Assessed Land Value$150,000

Assessed Improvement Value$124,328

Assessment Year2025

About this property

UNRESTRICTED MULTI-UNIT COMPOUND IN THE BOOMING EAST END! 6507 Texas St Is An incredible income-producing or live-work opportunity in the heart of the historic Second Ward! This completely unrestricted property features 3 distinct structures on one lot: one large main home and two separate, detached smaller homes. Surrounded by thriving commercial properties, this versatile asset offers endless high-value potential—perfect for a premium rental portfolio, an urban business headquarters, or a unique multi-generational estate. Enjoy seamless connectivity to I-45, I-10, and I-69/US-59, making any Houston commute effortless. Food enthusiasts will love being steps from the Navigation Esplanade, the legendary Original Ninfa's, El Tiempo, and an active scene of craft breweries, artisan coffee spots, and trendy dining. Plus, you are just minutes from Downtown, Daikin Park, Shell Energy Stadium, and vibrant EaDo entertainment. Unmatched convenience in a high-demand pocket!

Investor Tools

$314,000

Estimated Property Value

$114,835Estimated Mortgage Balance

$199,165Estimated Equity

63% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$193,700

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,884 /month

Positive

Cash Flow Estimate:

$628 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$609/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,740

$274,328

2025

$150,000

$124,328

$274,328

Yes (2014)

Tax History

Year

Tax Paid

Assessed Value

2024

$5,740

$274,328

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Stepup Capital Llc

Building Or Construction Loan

$115,000

First

May 28, 2026

Aug 2026

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$114,835

$199,165

63%

37%

$690/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$690/mo

+$617/mo

5.0%

Learn About the Market: Opportunity in Houston

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