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$232,000

NAL Estimated Property Value

6519 Sherwood Dr, Houston, TX, 77021

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,838 Sq Ft
price_per_sqft$61.97 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,155 sqft

Building Information

Year Built1955
Garage Spaces1

Land Information

APN0752380150014
Lot Number14
SubdivisionScott Terrace
Land UseResidential
Legal DescriptionLT 14 BLK 13 SCOTT TERRACE SEC 3
Census Tract313600
Assessed Land Value$100,404
Assessed Improvement Value$67,599
Assessment Year2025

About this property

Don't miss this fantastic Houston investment opportunity! This is the LOWEST priced property in the area, it features a main house plus a separate ADU on its own meter, creating immediate dual-income potential. You're just minutes from Texas Southern University, with quick and easy access to I-45 for all your commuting needs. Enjoy being close to popular local spots like MacGregor Park, the Museum District, and all the everyday conveniences you need. The seller is motivated and ready to do a deal NOW - your perfect investment is waiting and won't last at this price! Call now to see it before this opportunity disappears!

Investor Tools

Property Icon
$232,000
Estimated Property Value
$0Estimated Mortgage Balance
$232,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,392 /month
Positive
Cash Flow Estimate:
$464 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,147
$168,003
2025
$100,404
$67,599
$168,003
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,147
$168,003

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$229,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
8.9%

City: Houston

6519 Sherwood Dr | Property Details | No Agent List