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$141,414

NAL Estimated Property Value

6838 Carothers St, Houston, TX, 77028

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths962 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.15 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
AppliancesGas Oven, Gas Range

Exterior

Lot Size8,673 sqft

Building Information

Year Built1948
Stories1

Land Information

APN0731100130390
Lot Number390
SubdivisionPelham Place
Land UseResidential
Legal DescriptionLT 390 BLK 13 PELHAM PLACE SEC 2
Census Tract230200
Assessed Land Value$58,050
Assessed Improvement Value$83,364
Assessment Year2025

About this property

Charming Starter Home in East Houston – Move-In Ready! Welcome to this beautifully updated home in East Houston, perfect for first-time buyers or savvy investors! This property features a brand-new roof, new flooring throughout, modern appliances, and a freshly remodeled bathroom, ensuring comfort and style from day one. Sitting on a spacious lot, there’s plenty of room for outdoor activities, gardening, or even future expansions to make it your own. Whether you're looking to settle in or add a turn-key rental to your portfolio, this home offers incredible value and versatility. Don't miss out on this opportunity — schedule your showing today!

Investor Tools

Property Icon
$141,414
Estimated Property Value
$0Estimated Mortgage Balance
$141,414Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$848 /month
Positive
Cash Flow Estimate:
$283 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,997
$141,414
2025
$58,050
$83,364
$141,414
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,997
$141,414

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$157,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
14.6%

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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6838 Carothers St | Property Details | No Agent List