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Owner Contacts

$287,686

NAL Estimated Property Value

6930 Avenue T, Houston, TX, 77011

$373,992 ARV

Off Market

7 Beds

4 Bath

3,360 Sq Ft

Single Family Residence

$77.38 / sqft

Built in 1936

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 7

Bathrooms Full 1

Garage Available

Heating Central

Cooling

Exterior

Lot Size10,001 sqft

Building Information

Year Built1938

Stories1

Garage Spaces4

Land Information

APN0390870820039

Lot Number9-10

SubdivisionCentral Park

Land UseResidential

Legal DescriptionLTS 9 10 39 & 40 BLK 182 CENTRAL PARK

Census Tract311002

Assessed Land Value$180,000

Assessed Improvement Value$107,686

Assessment Year2025

About this property

BACK ON THE MARKET. PRICED TO MOVE. THIS IS THE FINAL REDUCTION IN PRICE. Handyman Special in the desirable Central Park subdivision!! Rotten Wood, Peeling Paint. This is a HUGE 3,360 sf house with 3 1/2 bathrooms, and tons of potential. This is a great opportunity to polish this jewel up and make it shine. The renovation possibilities are incredible. The house appears to have been a duplex (upstairs and downstairs units) at some point in time and could easily be converted back to one to increase the return on your investment. Centrally located near downtown Houston with easy access to the 610 loop, I10, and I45. Gus Wortham Golf Course, Mason Park and Buffalo Bend Nature Park are just a few minutes away. Shopping, restaurants, and great schools are within walking distance. Don't let this great opportunity pass you by. Schedule your showing TODAY!!! This property is being sold "As Is". The seller will not be making any repairs.

Investor Tools

$287,686

Estimated Property Value

$67,691Estimated Mortgage Balance

$219,995Estimated Equity

76% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$373,992

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,726 /month

Positive

Cash Flow Estimate:

$575 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$271/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,819

$287,686

2025

$180,000

$107,686

$287,686

Tax History

Year

Tax Paid

Assessed Value

2024

$1,819

$287,686

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nations Direct Mortgage Llc

Conventional

$85,000

First

Sep 26, 2016

Oct 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$67,691

$219,995

76%

24%

$510/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$510/mo

+$797/mo

5.5%

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