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$390,000

6705 Allegheny Street, Houston, TX, 77021

On MarketInfo
Just AddedInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5,001 sqft

Land Information

APN0512870000007
Lot Number7
SubdivisionHerman Park Court
Land UseResidential
Legal DescriptionLT 7 BLK 7 HERMAN PARK COURT
Census Tract313700
Assessed Land Value$120,000
Assessment Year2025

About this property

Exceptional Development Opportunity – 6 Replatted Lots! Rare opportunity to own six newly replatted lots in one of Houston's rapidly growing areas. Formerly two cleared lots totaling approximately 10,000 square feet, the property has now been replatted into six individual lots, creating outstanding potential for builders, developers, or investors. Surrounded by new construction, this is an ideal location for modern homes or a small residential development. Don't miss the chance to invest in an area experiencing strong growth and ongoing revitalization. Conveniently located just minutes from the Texas Medical Center (~3 miles), Downtown Houston (~5 miles), Hermann Park, the Houston Zoo, Rice University, the University of Houston, Texas Southern University, NRG Stadium, the Museum District, Discovery Green, Daikin Park, Toyota Center, Hobby Airport, and major highways including I-45, I-69, SH 288, and Loop 610.

Investor Tools

Property Icon
$234,000
Estimated Property Value
$0Estimated Mortgage Balance
$234,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Sean Namli

Dr. Sean Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,302
$120,000
2025
$120,000
N/A
$120,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,302
$120,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$234,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Houston

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Explore

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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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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6705 Allegheny Street | Property Details | No Agent List