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$459,000

6705 Del Rio Street, Houston, TX, 77021

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.21 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,644 sqft

Building Information

Year Built2025
Garage Spaces1

Land Information

APN1476270010002
Lot Number2
Land UseResidential Single Family
Legal DescriptionLT 2 BLK 1 SOUTHLAND GROVE
Census Tract313700
Assessed Land Value$67,301
Assessment Year2025

About this property

These 2 story homes in the Medical Center @ OST boast open-concept first floor living with a unique first floor plan, featuring a guest suite on the first floor with full walk-in shower with a separate entry, perfect for in-laws, stair-challenged guests, or Airbnb. The homes include 4 bed/3 bath and beautiful modern finishes. Contemporary interior design with an open kitchen, quartz countertops, mosaic tile backsplash, stainless-steel appliances, & LVT floors. The spacious primary bedroom has 20' ft cathedral ceilings, large covered patio, massive walk-in closet, ample natural light, a spa-like ensuite bath with a walk-in shower and free-standing tub. Other features include flex-room, covered patio, private driveways. Less than 1 mile from the new 52-acre Hines Development, Levit Green, with dining, shopping, and outdoor spaces, and less than 2 miles from the new TMC3 Med Center development. Plans for 255 homes to be built in this area. No HOA! Strong rental market. Completion in June!

Investor Tools

Property Icon
$459,000
Estimated Property Value
$0Estimated Mortgage Balance
$94,136Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/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
No

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
Central Bank
Conventional
$368,000
No
First
Aug 25, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,864
$94,136
20%
79%
$2,295/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,295/mo
$-573/mo
4.5%

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.

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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6705 Del Rio Street | Property Details | No Agent List