$297,500
6831 Reed Road, Houston, TX, 77087
On Market
Property Lead Type:
BankruptcyAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size10,128 sqft
Building Information
Year Built1970
Stories1
Garage Spaces3
Land Information
APN0741530170016
Lot Number15,16
SubdivisionBayou Oaks
Land UseResidential
Legal DescriptionLT 16 & W 25 FT LT 15 BLK 17 BAYOU OAKS
Census Tract332500
Assessed Land Value$92,813
Assessed Improvement Value$203,187
Assessment Year2025
About this property
Spacious and versatile, this 5–6 bedroom home offers an abundance of living space perfect for large families, entertaining, or multi-generational living. With generous room sizes, multiple living areas, and flexible layout options, this home provides comfort and functionality with room to grow.
Investor Tools
$0Estimated Mortgage Balance
$296,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,785 /month
Positive
Cash Flow Estimate:
$595 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,193
$296,000
2025
$92,813
$203,187
$296,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,193
$296,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$296,000
100%
0%
$0/mo
