7view

Owner Contacts

$1,091,000

NAL Estimated Property Value

6923 Shavelson St, Houston, TX, 77055

Off Market

3 Beds

4 Bath

2,058 Sq Ft

$279.4 / sqft

Built in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher

FlooringCarpet, Wood

Exterior

Lot Size8,703 sqft

Building Information

Year Built1969

Stories1

Garage Spaces2

Land Information

APN0832380000007

Lot Number7

SubdivisionAfton Village

Land UseResidential

Legal DescriptionLT 7 BLK 2 AFTON VILLAGE SEC 1

Census Tract520200

Assessed Land Value$405,817

Assessed Improvement Value$100

Assessment Year2025

About this property

Perfect opportunity to affordably own in popular deed restricted Afton Village neighborhood. This home has so much potential. Exterior recently (June ’22) updated w/German smear brick work, Cedar wrapped columns & Hardiplank on home & detached 2-car garage offering an inviting curb appeal. Fresh interior paint highlights generous room sizes in this traditional 3/2 floorplan. Formal dining rm features attractive custom wine bar. Family rm highlighted by gas/wood burning fp flanked by built-ins. Den offers nice flex space. Primary bdrm has custom mirror-fronted wall closet plus 2 addl’ closets. Charming original hardwood floors, carpet in primary bdrm. Enjoy alfresco entertaining on tiered wood deck. Addl’ updates include: Windows (Aug ’16) Sewer Line & Pipes (’15) & driveway gate. Ready for your personal touches! Afton Village has a community pool. Zoned to SBISD (Buyer to verify eligibility). 7 miles from downtown w/easy access to I-10, 610, & 290. Won’t last long. All info per Seller.

Investor Tools

$1,091,000

Estimated Property Value

$399,986Estimated Mortgage Balance

$691,014Estimated Equity

62% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,546 /month

Positive

Cash Flow Estimate:

$2,182 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$843/month

$700/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,657

$405,917

2025

$405,817

$100

$405,917

Tax History

Year

Tax Paid

Assessed Value

2024

$4,657

$405,917

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$424,000

First

Apr 17, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$399,986

$678,014

62%

37%

$2,543/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$3,243/mo

$-1,521/mo

1.9%

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