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Owner Contacts

$399,000

NAL Estimated Property Value

6749 Peerless St, Houston, TX, 77021

Off Market

3 Beds

3 Bath

2,294 Sq Ft

$174.32 / sqft

Built in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Dishwasher

Exterior

Lot Size2,574 sqft

Building Information

Year Built2023

Garage Spaces1

Land Information

APN1471580010001

Lot Number1

Land UseResidential Single Family

Legal DescriptionLT 1 BLK 1 PEERLESS VILLAGE ESTATE

Census Tract313700

Assessed Land Value$67,031

Assessed Improvement Value$331,969

Assessment Year2025

About this property

Discover contemporary elegance at 6749 Peerless St in Houston's vibrant Greater OST/South Union. Newly built in 2024, this 2,294 sq ft home features three bedrooms, 2.5 baths, and a chef’s kitchen with quartz counters, a wine fridge, and Samsung appliances. Energy-efficient with dual-pane windows and a Goodman HVAC. Includes a private driveway and a two-car garage. Near 52-acre Levit Green and the upcoming TMC3 Medical Center development, promising new retail, dining, and jobs. Minutes from Houston Medical Center, downtown, and major highways. Close to University of Houston and Texas Southern University. Model Open Thursday-Saturday, 11 AM-5 PM or by appointment. PHOTOS ARE REPRESENTATIVE OF LISTING AND SOME DETAILS MAY DIFFER

Investor Tools

$399,000

Estimated Property Value

$374,802Estimated Mortgage Balance

$24,198Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,399 /month

Positive

Cash Flow Estimate:

$800 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$534/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,416

$399,000

2025

$67,031

$331,969

$399,000

Tax History

Year

Tax Paid

Assessed Value

2024

$4,416

$399,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

New American Funding

Fha

$385,683

Yes

First

Oct 4, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$374,802

$24,198

94%

$2,313/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,313/mo

$-591/mo

5.2%

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.

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