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$245,000

6134 Elkwood Forest Dr, Houston, TX, 77088

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,689 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.06 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size8,451 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1084560000032
Lot Number32
SubdivisionInwood North
Land UseResidential
Legal DescriptionLT 32 BLK 14 017*I5645955-001-014-032 INWOOD NORTH SEC 1
Census Tract532600
Assessed Land Value$58,635
Assessed Improvement Value$131,794
Assessment Year2025

About this property

Welcome to Inwood Forest! This charming 3-bedroom, 2-bathroom home offers a fantastic opportunity for first time buyers or families seeking comfort, convenience, and value in the Houston area. Situated in the established Inwood Forest neighborhood, the home is conveniently located near everyday shopping, dining, schools, and major commuting routes. Inside, tile flooring flows throughout the home, creating a clean, low-maintenance living space. The kitchen was remodeled a few years ago and provides an inviting setting for daily meals and entertaining. Additional highlights include a dry bar, a newer roof, and a pleasant patio area ideal for relaxing outdoors or gathering with friends and family. The property has never flooded, according to the seller, adding to its appeal. With its practical layout, thoughtful updates, and desirable neighborhood setting, this home is ready for its next owners to make it their own.

Investor Tools

$54,761Estimated Mortgage Balance
$190,239Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

Lilian Velasco

LPT Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,275
$190,429
2025
$58,635
$131,794
$190,429
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,275
$190,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Century Mortgage Corp
Stand Alone First / Home Equity First Lien
$88,000
No
First
Jul 17, 2006
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,761
$190,239
77%
22%
$702/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,027/mo
+$695/mo
8.4%

City: Houston