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Days21Days on Market
Views1view
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$89,000

8006 Lockwood Dr, Houston, TX, 77016

$107,084 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths668 Sq Ft
price_per_sqft$133.23 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size20,613 sqft

Building Information

Year Built1946
Stories1

Land Information

APN0570050020046
Lot Number46
SubdivisionIndependence Home
Land UseResidential
Legal DescriptionLT 46 BLK 2 INDEPENDENCE HOME
Census Tract230300
Assessed Land Value$120,662
Assessed Improvement Value$24,095
Assessment Year2025

About this property

Being sold as-is, home is a tear down, lot value only

Investor Tools

Property Icon
$144,757
Estimated Property Value
$0Estimated Mortgage Balance
$144,757Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$107,084
Rent-to-Value Ratio: 0.72%
Rent Estimate
$869 /month
Positive
Cash Flow Estimate:
$290 /month

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Rita Tower

Prime Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,376
$144,757
2025
$120,662
$24,095
$144,757
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,376
$144,757

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$144,757
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
10.8%

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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8006 Lockwood Dr | Property Details | No Agent List