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$516,000

NAL Estimated Property Value

6733 Vanderbilt Street, Houston, TX, 77005

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,867 Sq Ft
price_per_sqft$222.28 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Lot Size4,247 sqft

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN0392940010001
SubdivisionWest University Place
Land UseResidential
Legal DescriptionTH 1 BLK 3 (001 & 085*VANDERBILT T/H) VANDERBILT T/H U/R WEST UNIVERSITY PLACE SEC 1
Census Tract412300
Assessed Land Value$167,999
Assessed Improvement Value$252,849
Assessment Year2025

About this property

Adorable updated 2 bed, 2.5 bath townhouse in West University w/ large private yard! No flooding (per seller). Private gate leads to yard and front door. 1st floor has powder bath, coat closet, kitchen, dining and family room. The kitchen was updated in 2019 w/ new appliances, tile, quartz countertops, hardware, and exposed wood shelves. Kitchen opens to the dining room. Beyond the dining room is the family room, which has 9 ft ceilings, a fireplace, and several windows overlooking the yard. The 2nd story offers 2 bedrooms, utility room, and is complete w/ wood floors (2017). The large primary suite has room for a bed, desk, and sitting area, plus a custom-built closet. The bathroom was completely remodeled in 2019 and features double sinks, custom cabinets, a vanity, and glass shower. Secondary bedroom has updated, en-suite bathroom (2017) and walk-in closet. Large private yard with wood deck plus 2-car garage. Zoned to West U Elementary and close proximity to shops and restaurants!

Investor Tools

Property Icon
$516,000
Estimated Property Value
$405,037Estimated Mortgage Balance
$110,963Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,096 /month
Positive
Cash Flow Estimate:
$1,032 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,514
$420,848
2025
$167,999
$252,849
$420,848
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,514
$420,848

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
James Parham
Seller Carryback / Seller Financing / Seller Take-Back
$425,000
No
First
Oct 27, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$405,037
$110,963
21%
78%
$2,549/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,699/mo
$-739/mo
4.6%

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.

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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