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$300,000

NAL Estimated Property Value

6605 Lockwood Drive, Houston, TX, 77028

Off MarketInfo
Beds2 Beds
Baths1 Bath
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Oven, Microwave, Electric Cooktop
FlooringWood

About this property

Discover the perfect blend of opportunity and functionality with this versatile property! Fully gated and cleared, this expansive lot offers incredible potential for a variety of uses. At the front of the property, you'll find a spacious 30x40 workshop built in 2020, featuring soaring 14-foot ceilings and a convenient built-in bathroom — ideal for personal projects, business operations, or extra storage needs. Toward the back of the property sits an unfinished home, offering a blank canvas for you to design your dream residence or customize it to suit your vision. Whether you're looking to create a private retreat, a live/work space, or a unique investment property, the possibilities are endless. With essential groundwork already in place and plenty of room to grow, this property is a rare find ready for your finishing touch!

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$0Estimated Mortgage Balance
$0Estimated Equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

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

Learn About the Market: Opportunity in Houston

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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.

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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 Lockwood Drive | Property Details | No Agent List