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$273,052

NAL Estimated Property Value

6615 Allegheny St, Houston, TX, 77021

$354,968 ARVInfo
Off MarketInfo
Beds— Beds
Baths— Bath
Baths2,712 Sq Ft
Year BuiltBuilt in 1982

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5,001 sqft

Building Information

Year Built1982

Land Information

APN0512870000002
Lot Number4
Land UseIndustrial
Legal DescriptionLT 4 BLK 7 HERMAN PARK COURT
Census Tract313700
Assessed Land Value$110,000
Assessed Improvement Value$163,052
Assessment Year2025

About this property

Great Investment Opportunity! Located inside the 610 Loop just minutes from Downtown, The Texas Medical Center, NRG Stadium, University of Houston, and The Museum District. Located one block off of 288 and OST. This stunning, secure 60x40 Warehouse has two offices and bathroom on lower level. The Warehouse also has a bonus room upstairs that may be utilized as a studio apartment with full bathroom. The property includes a total of three oversized lots with perimeter fence, automatic gate and camera system. There are many future developments in the area including the Hines & 2ML 52 Acre Development Levit Green (Formerly Grocery Supply). The development will include office, residential, shopping, dining and research facilities per a press release in the Houston Business Journal. Levit Green is within a quarter mile of the property. Make your apt today !!

Investor Tools

Property Icon
$273,052
Estimated Property Value
$177,975Estimated Mortgage Balance
$95,077Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$354,968
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$650/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,429
$273,052
2025
$110,000
$163,052
$273,052
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,429
$273,052

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Relative Lending Llc
Commercial
$231,000
No
First
Sep 25, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,975
$95,077
34%
65%
$1,385/mo

City: Houston

6615 Allegheny St | Property Details | No Agent List