$208,000
NAL Estimated Property Value6940 Avenue K, Houston, TX, 77011
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesMicrowave, Electric Range
Exterior
Lot Size3,001 sqft
Building Information
Year Built1936
Stories1
Land Information
APN0390510000043
Lot Number44
SubdivisionCentral Park
Land UseResidential
Legal DescriptionLT 44 & TR 43 BLK 92 CENTRAL PARK
Census Tract311001
Assessed Land Value$75,600
Assessed Improvement Value$89,845
Assessment Year2025
About this property
Welcome to 6940 Avenue K! This home offers a 2 bedroom/ 2 bathroom home with an extra space that can be used as a 3rd bedroom or office! The garage apartment offers a full kitchen and living space with a one bedroom/ bathroom combo. Both units have central AC. With a little TLC, this home can be made all yours
Investor Tools
$208,000
Estimated Property Value
$27,844Estimated Mortgage Balance
$180,156Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,259 /month
Positive
Cash Flow Estimate:
$420 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,193
$165,445
2025
$75,600
$89,845
$165,445
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,193
$165,445
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Roel Tamez Etux
Unknown
$40,000
No
First
Jan 18, 2013
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$27,844
$180,156
86%
13%
$240/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$240/mo
+$855/mo
6.3%
