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$235,000

NAL Estimated Property Value

6563 Sutton Meadows Drive, Houston, TX, 77086

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,522 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.4 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dishwasher
FlooringVinyl

Exterior

Lot Size6,003 sqft

Building Information

Year Built2003
Garage Spaces1

Land Information

APN1201530010002
Lot Number2
SubdivisionMeadows Of Northwest Park 1
Land UseResidential
Legal DescriptionLT 2 BLK 1 MEADOWS OF NORTHWEST PARK 1
Census Tract533903
Assessed Land Value$35,750
Assessed Improvement Value$198,415
Assessment Year2025

About this property

Exciting opportunity alert! This 3-bed, 2-bath home in Meadows of Northwest Park is ideal for first-time homebuyers or investors. One story home features an open concept floor plan and a converted bonus room with A/C window unit. Although not shown on the appraisal district, this additional space can be used for various purposes. Recent updates include modern electric fireplace, luxury vinyl plank waterproof flooring, interior paint, new roof, HVAC, bathroom vanities and water heater. Living room is wired for surround sound. The home comes with a refrigerator & washer/dryer appliances, providing convenience for new homeowners or investors. The kitchen features a two-year-old electric cook/oven range, and there is gas connection available for a stove if preferred. Conveniently near 249 and Beltway 8, close to shopping, restaurants, schools and major highways for easy commutes. This well-maintained home is READY MOVE-IN. Seize the chance to call this property your home!

Investor Tools

Property Icon
$235,000
Estimated Property Value
$80,736Estimated Mortgage Balance
$154,264Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$569
$234,165
2025
$35,750
$198,415
$234,165
No

Tax History

Year
Tax Paid
Assessed Value
2024
$569
$234,165

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Next Door Lending Llc
Conventional
$85,000
No
First
Aug 4, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,736
$154,264
65%
34%
$510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$905/mo
+$817/mo
8.8%

City: Houston

6563 Sutton Meadows Drive | Property Details | No Agent List