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$234,000

6908 Larkstone Street, Houston, TX, 77028

On MarketInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths2,017 Sq Ft
Multi FamilyMulti Family
price_per_sqft$116.01 / sqft
Year BuiltBuilt in 1945

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,680 sqft

Building Information

Year Built1945
Stories1

Land Information

APN0731090050292
Lot Number292
SubdivisionPelham Place
Land UseResidential
Legal DescriptionLT 292 BLK 10 PELHAM PLACE SEC 1
Census Tract230200
Assessed Land Value$54,528
Assessed Improvement Value$222,304
Assessment Year2025

About this property

Check this cozy house with an amazing location NEAR to the loop, located just minutes from the University of Houston. Located in the Trinity–Houston Gardens area, this charming home is nestled in a peaceful, well-lit community and well-established neighborhood, this home offers quick access to major roads like Highway 90 and Loop 610. Essential amenities like Fiesta Market, Dollar General, bus stops, and gas stations are all within walking distance. Families benefit from nearby schools like McGowen Elementary, Key Middle, and Kashmere High. Trinity Garden Park and local churches just steps away, this home combines suburban warmth with practical urban convenience. As your home or cash cow, this property is a great opportunity! Access by appointment only. The rooms sizes are approximately. Buyer to do their own diligence.

Investor Tools

$124,127Estimated Mortgage Balance
$152,705Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,661 /month
Positive
Cash Flow Estimate:
$554 /month

Interested in this property?

Christina Tantoco

La Palma Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,443
$276,832
2025
$54,528
$222,304
$276,832
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,443
$276,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lima One Capital Llc
Commercial
$140,000
No
First
Aug 17, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,127
$152,705
55%
45%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$840/mo
+$882/mo
7.5%

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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6908 Larkstone Street | Property Details | No Agent List