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Owner Contacts

$1,968,000

NAL Estimated Property Value

6627 Edloe St, Houston, TX, 77005

Off Market

4 Beds

3 Bath

3,291 Sq Ft

$561.84 / sqft

Built in 1989

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Lot Size7,749 sqft

Building Information

Year Built1989

Stories2

Garage Spaces2

Land Information

APN0560550000013

Lot Number13

SubdivisionSouthside Place

Land UseResidential

Legal DescriptionLT 13 BLK 1 SOUTHSIDE PLACE

Census Tract412500

Assessed Land Value$1,046,250

Assessed Improvement Value$904,750

Assessment Year2025

About this property

Welcome to this beautifully updated home located in the heart of Southside Place! This 4-bedroom, 2.5-bathroom home has been enhanced with various updates, such as 3.5-inch white oak wood floors, Weathershield aluminum-clad windows, kitchen with porcelain countertops, Thermador appliances, a sunny breakfast nook and additional seating at the bar, as well as renovations to both the primary and secondary bathrooms, among other improvements. Downstairs includes a dining room, study, open-concept kitchen, family room overlooking the spacious turfed backyard as well as a bonus area currently used as a playroom. Upstairs includes a spacious primary suite and updated bathroom, 3 secondary bedrooms and an updated secondary bath. Garage apartment with a bedroom and bath. Close to Firetruck Park, tennis courts, WULL fields, zoned to West U Elem. *All per seller

Investor Tools

$1,968,000

Estimated Property Value

$1,429,210Estimated Mortgage Balance

$538,790Estimated Equity

29% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$11,808 /month

Positive

Cash Flow Estimate:

$3,936 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,656/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$22,037

$1,951,000

2025

$1,046,250

$904,750

$1,951,000

Tax History

Year

Tax Paid

Assessed Value

2024

$22,037

$1,951,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Veritex Community Bank

Conventional

$1,472,000

First

Oct 23, 2023

Nov 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,429,210

$589,790

29%

73%

$9,548/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$9,548/mo

$-6,208/mo

2.0%

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