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$323,000

6518 Letcher St, Houston, TX, 77028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,617 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.65 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Cooktop, Gas Range

Exterior

Lot Size7,148 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN0670560050005
Lot Number5
SubdivisionReba
Land UseResidential
Legal DescriptionLT 5 BLK 5 REBA SEC 2
Census Tract230900
Assessed Land Value$66,814
Assessed Improvement Value$248,346
Assessment Year2025

About this property

Welcome to this stunning two-story gated residence offering the perfect blend of comfort, style, and privacy. This spacious 4-bedroom home includes a dedicated office—ideal for remote work or a quiet study space. Step inside to find an open-concept floor plan filled with natural light and elegant finishes throughout. The chef’s kitchen features modern appliances, generous counter space, and a large island overlooking the living and dining areas—perfect for entertaining. Upstairs, a bright and versatile flex area awaits—ideal for a playroom, media space, or secondary lounge. The expansive primary suite offers a walk-in closet and spa-like bath, while three additional bedrooms provide plenty of space for family or guests. Enjoy outdoor living in a secure gated setting featuring a convenient outdoor half bath—perfect for guests during gatherings. Conveniently located near schools, shopping, and major freeways, this move-in ready home combines luxury living with everyday practicality.

Investor Tools

Property Icon
$323,000
Estimated Property Value
$0Estimated Mortgage Balance
$323,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$874/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,874
$315,160
2025
$66,814
$248,346
$315,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,874
$315,160

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$396,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
8.3%

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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6518 Letcher St | Property Details | No Agent List