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$1,584,000

NAL Estimated Property Value

6510 Community Drive, Houston, TX, 77005

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,147 Sq Ft
price_per_sqft$508.39 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,999 sqft

Building Information

Year Built1987
Garage Spaces2

Land Information

APN0600360360025
Lot Number25
SubdivisionColonial Terrace
Land UseResidential
Legal DescriptionLT 25 & TR 26A BLK 36 COLONIAL TERRACE
Census Tract412600
Assessed Land Value$661,500
Assessed Improvement Value$450,540
Assessment Year2025

About this property

Nestled in West University, this beautiful traditional home offers the perfect blend of timeless charm and modern comfort, designed with families in mind. On an expansive 8,676 sq ft lot, this home provides the space families need. Inside, you’ll find 4 bedrooms and 3.5 bathrooms, along with a formal dining area and living room. The heart of the home is the open-concept living room that flows seamlessly into the kitchen and breakfast area. The first-floor primary suite offers a private retreat, with a generously sized bedroom, an en-suite bath, and a walk-in closet. Upstairs boasts 3 spacious bedrooms, 2 full baths, a game room, and a study. Step outside and discover a backyard built for fun, kids, pets, and entertaining. The covered deck extends your living space, and the large yard offers endless possibilities. And for a little extra fun, enjoy your private putting green and chipping area. This is more than just a home; it’s a place where everyday moments turn into lifelong memories.

Investor Tools

Property Icon
$1,584,000
Estimated Property Value
$492,002Estimated Mortgage Balance
$1,091,998Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,599 /month
Positive
Cash Flow Estimate:
$3,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,908/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,977
$1,112,040
2025
$661,500
$450,540
$1,112,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,977
$1,112,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$548,250
No
First
Feb 22, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$492,002
$1,091,998
68%
31%
$3,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,288/mo
+$52/mo
2.5%

City: Houston

6510 Community Drive | Property Details | No Agent List