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Owner Contacts

$231,000

NAL Estimated Property Value

6822 Japonica St, Houston, TX, 77087

$248,390 ARV

Off Market

4 Beds

2 Bath

1,475 Sq Ft

Single Family Residence

$135.53 / sqft

Built in 1946

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Ice Maker, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Oven, Refrigerator

FlooringTile, Wood

Exterior

Lot Size6,325 sqft

Building Information

Year Built1946

Stories1

Garage Spaces1

Land Information

APN0690870630027

Lot Number27

SubdivisionPecan Park Place

Land UseResidential

Legal DescriptionLT 27 BLK 63 PECAN PARK PLACE SEC 1

Census Tract311300

Assessed Land Value$82,775

Assessed Improvement Value$111,371

Assessment Year2025

About this property

Location, Location, Location, a Must See 4 bedrooms, 2 bath home with a Man Cave/Game Room/Office located in the East End Revitalized Area. This home is all about Family. You will feel this from the moment you walk through the door. Original Hardwood floors throughout, Nice living area, unique Breakfast Bar. Kitchen was also built according to the owners desires w/ lots of Cabinet Storage Space. Granite Counter Tops & Ceramic Tiling in Kitchen. Tankless Water Heater & Roof is 2yrs old. Covered back patio deck, great for grilling. Man Cave/GR/Weight Room/Office located in back & Storage Shed. Nice Size back yard with Tree House that was built for the grandchildren. Completely fenced in, driveway gate w/ double wide driveway for extra parking. Centrally located, easy access to I-45/I-59/610/I-10/I-225, minutes from Downtown, UH, Medical Center, The Metro and the New Amazon Distribution Ctr. Call today, priced to sell.

Investor Tools

$231,000

Estimated Property Value

$179,110Estimated Mortgage Balance

$51,890Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$248,390

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,386 /month

Positive

Cash Flow Estimate:

$462 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$285/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,264

$194,146

2025

$82,775

$111,371

$194,146

Tax History

Year

Tax Paid

Assessed Value

2024

$2,264

$194,146

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primelending

Fha

$194,315

Yes

First

Mar 7, 2022

Apr 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$179,110

$61,890

25%

78%

$1,166/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,166/mo

+$556/mo

8.9%

Learn About the Market: Opportunity in Houston

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