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Owner Contacts

$244,000

6714 Limestone St, Houston, TX, 77092

Off Market

Commercial

3 Beds

2 Bath

1,916 Sq Ft

Multi Family

$129.96 / sqft

Built in 1953

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Heating

AppliancesRange

Exterior

Lot Size6,050 sqft

Building Information

Year Built1953

Stories1

Land Information

APN0801490000018

Lot Number18

SubdivisionLangwood

Land UseResidential

Legal DescriptionLT 18 BLK 26 LANGWOOD SEC 1

Census Tract520502

Assessed Land Value$87,725

Assessed Improvement Value$128,475

Assessment Year2025

About this property

Incredible Investment Opportunity! Dual Unit Property with Additional Detached rental space. Welcome to a prime real estate opportunity! New roof, updated flooring, and exterior paint. This property boasts two well-designed units, making it an ideal investment for rental income or as a landlord venture. Front Unit features 2 bedrooms, 1.5 baths Back Unit features 3 bedrooms, 2 baths. Additional Detached Space: Discover an extra detached room at the rear of the property, complete with air conditioning. Currently rented, this space provides additional income. This property offers easy access to major thoroughfares. Don't miss out on this fantastic investment opportunity that combines practicality, comfort, and potential for strong returns. Schedule a viewing today and explore the possibilities this property holds!

Investor Tools

$244,000

Estimated Property Value

$30,500Estimated Mortgage Balance

$244,000Estimated Equity

88% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,494 /month

Positive

Cash Flow Estimate:

$498 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$307/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,465

$216,200

2025

$87,725

$128,475

$216,200

Tax History

Year

Tax Paid

Assessed Value

2024

$2,465

$216,200

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Aames Home Loans

Credit Line (Revolving) / Heloc

$30,500

First

N/A

Sep 2004

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$244,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

N/A

+$1,307/mo

6.4%

Learn About the Market: Opportunity in Houston

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