Last 24 Hours
$196,595
NAL Estimated Property Value6215 Gay St, Houston, TX, 77022
Recently Sold
10/21/26
3 Beds
1 Bath
1,266 Sq Ft
Single Family Residence
$98.74 / sqft
Built in 1945Property Lead Type:
Absentee OwnerHigh Equity
About this property
***MULTIPLE OFFERS RECEIVED*** Please submit highest and best by no later than EOD 9/30. Excellent investment opportunity in a prime Houston location near the northeast corner of Loop 610 and I-45! Priced primarily for lot value, this property offers multiple possibilities for investors, builders, or buyers looking for a renovation project. The existing home has potential to be remodeled and updated, or take advantage of the lot and explore redevelopment opportunities. Convenient access to major freeways and Houston destinations adds to the appeal of this well-positioned property. Whether you’re looking to renovate, hold, or build, this is an opportunity worth considering. Schedule your showing today!
Investor Tools
$196,595
Estimated Property Value
$0Estimated Mortgage Balance
$196,595Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,180 /month
Positive
Cash Flow Estimate:
$393 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%
12.4%