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$185,000

6537 Enid St, Houston, TX, 77022

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,116 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.77 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Range
FlooringLaminate, Tile

Exterior

Lot Size6,003 sqft

Building Information

Year Built1950
Stories1

Land Information

APN0690690000005
Lot Number5
SubdivisionMcclendon Place
Land UseResidential
Legal DescriptionLT 5 MCCLENDON PLACE
Census Tract220200
Assessed Land Value$96,250
Assessed Improvement Value$70,600
Assessment Year2025

About this property

This is a great opportunity to own a great rental property located just north of 610 and I-45. The property next door at 6537 Enid is also for sale.

Investor Tools

Property Icon
$185,000
Estimated Property Value
$81,600Estimated Mortgage Balance
$118,151Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,165
$166,850
2025
$96,250
$70,600
$166,850
No

Tax History

Year
Tax Paid
Assessed Value
2020
$4,165
$166,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$81,600
No
First
Aug 22, 2017
Sep 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,849
$110,151
62%
36%
$490/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$490/mo
+$817/mo
8.5%

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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6537 Enid St | Property Details | No Agent List