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$243,832

NAL Estimated Property Value

6631 Indian Lake Dr, Houston, TX, 77489

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,718 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$82.78 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate, Wood

Exterior

Lot Size7,042 sqft

Building Information

Year Built1971
Stories2
Roof Type105
Garage Spaces1

Land Information

APN2150-01-004-1400-907
Lot Number14
SubdivisionBriargate Sec 1
Land UseResidential
Legal DescriptionBRIARGATE SEC 1, BLOCK 4, LOT 14
Census Tract670300
Assessed Land Value$71,500
Assessed Improvement Value$172,332
Assessment Year2025

About this property

ENORMOUS 2700+ sq ft 4 bed/2.5 bath home with a HUGE primary bedroom on the 1st floor with ensuite bath, plus convenient powder room bath and gorgeous dining room. Upstairs, there are 3 large bedrooms, a full bath and a bonus/game room. The backyard has a storage shed, very unique fire pit/grill, and lots of shade from mature trees! BRAND NEW carpet, A/C Unit, FRESH paint, and ready for new owners! Conveniently located close to Fort Bend Toll Rd and Beltway 8.

Investor Tools

Property Icon
$243,832
Estimated Property Value
$185,637Estimated Mortgage Balance
$58,195Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,463 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
$194/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,606
$243,832
2025
$71,500
$172,332
$243,832
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,606
$243,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$193,500
No
First
Feb 16, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,637
$58,195
23%
76%
$1,161/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,355/mo
+$1,475/mo
13.9%

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.

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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6631 Indian Lake Dr | Property Details | No Agent List