$599,900
6606 E Houston Road, TX, 77028
Pending
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size2.37 acres
Building Information
Year Built1948
Stories1
Garage Spaces5
Land Information
APN0122420300003
SubdivisionEast Houston
Land UseResidential
Legal DescriptionTR 3 BLK 97 98 111 & 112 EAST HOUSTON
Census Tract231100
Assessed Land Value$369,093
Assessed Improvement Value$86,951
Assessment Year2025
About this property
Investors Special! Location is everything. This property features 2.5 acres of land, deal for building your next home, developing multiple units, or expanding your business. The existing structure is a tear-down, giving you a true blank canvas for new construction. Enjoy easy access to 610, 59/69, and I-10, with no HOA and just minutes from Downtown Houston. A rare opportunity in a rapidly growing area.
Investor Tools
$48,784Estimated Mortgage Balance
$545,216Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,240
$456,044
2025
$369,093
$86,951
$456,044
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,240
$456,044
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primeway Fcu
Credit Line (Revolving) / Heloc
$60,000
No
First
Jun 28, 2017
Jul 2029
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,784
$545,216
91%
8%
$360/mo
