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$597,324

NAL Estimated Property Value

6715 Park Ln, Houston, TX, 77023

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.86 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,750 sqft

Building Information

Year Built1946
Stories1
Garage Spaces1

Land Information

APN0622060080016
Lot Number16
Land UseResidential
Legal DescriptionLT 16 BLK 8 IDYLWOOD
Census Tract310700
Assessed Land Value$126,500
Assessed Improvement Value$470,824
Assessment Year2025

About this property

This modern bungalow nestled in historic Idylwood will amaze you w/ its attention detail & win you over w/ its charm. From the real wood flooring, bold backsplashes, quartz countertops, custom shaker style kitchen cabinets, & brick fireplace to how all the finishes delight you w/ harmony & attraction. You simply won't be able to leave. The primary bedroom features an ensuite bathroom & its own walk-in closet, which is a rare find in this period of home. Natural light pours into each room especially to the east where no neighbors will ever block the parkland view & to the south right across the street where Spurlock park is. Enjoy the park's view while relaxing on the oversized front porch or host a BBQ in the spacious back yard. This home is minutes away from Gus Wortham Golf Course, Downtown, University of Houston, the Museum District, Medical Center, & all the history & wonder that the Greater East End has to offer! East to the property is COH parkland, nothing will be built there.

Investor Tools

Property Icon
$597,324
Estimated Property Value
$279,052Estimated Mortgage Balance
$318,272Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,584 /month
Positive
Cash Flow Estimate:
$1,195 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,013/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,170
$597,324
2025
$126,500
$470,824
$597,324
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,170
$597,324

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Optimum First Inc
Conventional
$300,000
No
First
Aug 29, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,052
$318,272
53%
47%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,839/mo
$-117/mo
3.5%

City: Houston

6715 Park Ln | Property Details | No Agent List