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$401,000

6754 Peerless St, Houston, TX, 77021

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,934 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.67 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size2,975 sqft

Building Information

Year Built2024
Garage Spaces1

Land Information

APN1421980010005
Lot Number5
Land UseResidential Single Family
Legal DescriptionLT 5 BLK 1 SOUTHLAND POINT
Census Tract313700
Assessed Land Value$68,535
Assessed Improvement Value$314,733
Assessment Year2025

About this property

Welcome to Peerless Park! These 2 story homes in the Medical Center @ OST boast open-concept first floor living with a unique floor plan, featuring a guest suite on the first floor with a separate entry way, perfect for guests or Airbnb. The homes include 4 bed/3 bath and beautiful modern finishes. Contemporary interior design with an open kitchen, Quartz countertops, Zellige mosaic tile backsplash, stainless-steel appliances, & luxury vinyl plank flooring. The spacious primary bedroom has a walk-in closet, ample natural light, a spa-like ensuite bath with a walk-in shower and free-standing tub. Secondary bedrooms offer ensuite baths and walk-in closets. Homes have a flex-room, covered patio, private driveways and 30’ yards with space for a pool. 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 250 homes to be built in this area. No HOA!

Investor Tools

Property Icon
$401,000
Estimated Property Value
$441,839Estimated Mortgage Balance
$0Estimated Equity
-10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,370
$383,268
2025
$68,535
$314,733
$383,268
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,370
$383,268

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$441,839
Yes
First
Oct 4, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$544,473
N/A
0%
136%
$3,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,349/mo
$-1,123/mo
6.7%

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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6754 Peerless St | Property Details | No Agent List