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B+
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Days46Days on Market
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$154,900

$164,900

6915 Cape Forward Dr, Houston, TX, 77083

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,544 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.32 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,001 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN1143860020003
Lot Number3
SubdivisionPheasant Run
Land UseResidential
Legal DescriptionLT 3 BLK 2 PHEASANT RUN SEC 1
Census Tract452701
Assessed Land Value$52,500
Assessed Improvement Value$160,728
Assessment Year2025

About this property

Discover the potential at 6915 Cape Forward, a 3-bedroom, 2-bathroom home offering a rare opportunity to create something truly your own. With solid bones and a flexible layout, this property is a blank canvas waiting for the right vision. The classic floor plan provides a strong foundation, with a comfortable living area, kitchen, and dining space ready to be reimagined. Whether you're dreaming of an open-concept transformation or restoring the home to its full charm, the possibilities are wide open. The primary suite includes a private bathroom, while two additional bedrooms offer flexibility for guests, a home office, or creative spaces. Step outside to a yard ready to be shaped into your ideal outdoor retreat. Located near shopping, dining, and major roadways, 6915 Cape Forward is a chance to craft a home that reflects your style and ideas. Bring your imagination and see the possibilities.

Investor Tools

$19,439Estimated Mortgage Balance
$193,789Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,279 /month
Positive
Cash Flow Estimate:
$426 /month

Interested in this property?

Derek Montes

Luxely Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$940
$213,228
2025
$52,500
$160,728
$213,228
No

Tax History

Year
Tax Paid
Assessed Value
2024
$940
$213,228

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Novastar Home Mtg Inc
N/A
$63,700
N/A
First
Jun 3, 2002
Jun 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,439
$193,789
90%
9%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$400/mo
+$1,322/mo
9.7%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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6915 Cape Forward Dr | Property Details | No Agent List