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$398,000

NAL Estimated Property Value

6605 Fairfield St, Houston, TX, 77023

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,914 Sq Ft
price_per_sqft$216.77 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,750 sqft

Building Information

Year Built1984
Stories1

Land Information

APN0622040030036
Lot Number20
SubdivisionIdylwood
Land UseResidential
Legal DescriptionLT 20 BLK 3 IDYLWOOD
Census Tract310700
Assessed Land Value$126,500
Assessed Improvement Value$261,957
Assessment Year2025

About this property

Discover your dream home in this recently remodeled 3/2 gem located in the sought-after Southeast neighborhood. This home features new flooring, recessed lighting, and updated electrical systems for both style and functionality. Stay comfortable year-round with the new furnace and HVAC updates, and unwind in the updated bathrooms with new cabinets. The modern interior and exterior paint, along with new baseboards, give this home a fresh and sleek appearance. Its prime location just minutes from Downtown, the Medical Center, and major freeways like 45, 288, and 610 makes it a must-see for any discerning buyer.

Investor Tools

Property Icon
$398,000
Estimated Property Value
$251,464Estimated Mortgage Balance
$146,536Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,489 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,277
$388,457
2025
$126,500
$261,957
$388,457
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,277
$388,457

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$260,000
No
First
Jul 30, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,464
$168,536
40%
63%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,559/mo
+$163/mo
5.2%

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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6605 Fairfield St | Property Details | No Agent List