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Owner Contacts

$436,000

6703 Del Rio St, Houston, TX, 77021

Off Market

4 Beds

3 Bath

2,157 Sq Ft

Single Family Residence

$217.85 / sqft

Built in 2025

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

Exterior

Lot Size2,644 sqft

Building Information

Year Built2025

Garage Spaces1

Land Information

APN1476270010001

Lot Number1

Land UseResidential Single Family

Legal DescriptionLT 1 BLK 1 SOUTHLAND GROVE

Census Tract313700

Assessed Land Value$67,301

Assessment Year2025

About this property

Only 1 left! This 2 story home in the Medical Center @ OST features open-concept first floor living with a unique floor plan that includes a guest suite. This suite has a full walk-in shower and a separate entry, making it ideal for in-laws, stair-challenged guests or Airbnb. This residence offers 4 bed/3 bath with contemporary interior design and modern finishes. Open kitchen boasts quartz countertops, mosaic tile backsplash, stainless-steel appliances and LVT flooring. Spacious primary bedroom has 20-foot cathedral ceilings, large covered balcony, walk-in closet and abundant natural light. Spa-like ensuite bath includes walk-in shower, dual vanities and soaking tub. Flex room and private driveways. Location is convenient, less than 1 mile from the new 52-acre Hines Development, Levit Green, which offers dining, shopping and outdoor spaces. Less than 2 miles from the new TMC3 Med Center development. Plans for over 255 homes to be built in this area. Strong rental market and no HOA!

Investor Tools

$436,000

Estimated Property Value

$337,500Estimated Mortgage Balance

$100,947Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,819 /month

Positive

Cash Flow Estimate:

$940 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$264/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$67,301

2025

$67,301

N/A

$67,301

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$67,301

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Simplex Lending Llc

Conventional

$337,500

First

Dec 12, 2025

Jan 2041

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$335,053

$107,947

24%

77%

$2,024/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,024/mo

$-302/mo

4.7%

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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