$289,990
6416 and 00 De Priest Street, Houston, TX, 77091
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size10,001 sqft
Building Information
Year Built1978
Stories1
Garage Spaces2
Land Information
APN0610070500002
Lot Number2
SubdivisionHighland Heights Annex
Land UseResidential
Legal DescriptionLT 2 BLK 50 HIGHLAND HEIGHTS ANNEX SEC 6
Census Tract530800
Assessed Land Value$117,500
Assessed Improvement Value$54,568
Assessment Year2025
About this property
Builder's opportunity! 27,200 sq ft (per HCAD) across two lots with 135 ft of frontage on De Priest and 199 ft on Pickering St, for flexible access and site layout. Small house on site is rented month-to-month ($1300/m) for interim income. Surrounded by active new construction, with quick access to I-45, 610 and 290 and a short drive to the Heights. Buyer to verify zoning, deed restrictions and lot/subdivision options.
Investor Tools
$0Estimated Mortgage Balance
$172,068Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,993
$172,068
2025
$117,500
$54,568
$172,068
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,993
$172,068
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$172,068
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,190/mo
N/A
+$1,190/mo
8.3%
