new - 2 days on rocket

6723 S Loop E, Houston, TX, 77087

$985,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
6,234 SqFt
$158/SqFt
Multi

Location

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6723 S Loop E, Houston$985,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1954
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #68244801
StatusActive

About 6723 S Loop E

GREAT LOCATION right on 610 Loop. Nine unit complex consisting of eight 2-bed / 1-bath, and one 1-bed / 1-bath. Market rent within 1-mile is $1200 mo for 2-bed, $900 for 1-bed. Fantastic opportunity to invest in a 9-unit multi-family property situated in a prime location on the South Loop. This recently renovated property was completely renovated and waiting on Certificate of Occupancy when thieves came in and set the owners back. Seller cannot make repairs. This sale must close in 30 days. Move quickly and take advantage. The Property is just minutes away from the Gulf Freeway, Port of Houston, NRG Stadium, and Downtown Houston, making it an ideal spot for commuters. Don't miss out on this prime investment opportunity in the Greater Houston Area. Contact us today to learn more! Photos were taken before theft. Updated photos coming soon.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 2
  • Living Area: 6,234 SqFt

Listing Office:

  • Office Name: State 28 Real Estate, PLLC
  • Office Phone: (281) 849-8028
  • Listing Agent: Scott Young

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot: Cleared

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From South Loop East and Telephone Road, travel WEST on the South Loop Feeder Road. Property on Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $985,000
  • Price Per SqFt: $158/SqFt
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Housing Market Comparison

See how this home compares to others in Houston, TX.

Med. Sold Price

$319.9K

Med. Price/SqFt

$166

Avg. Days On Market

39

# of Sold Homes

1969

6723 S Loop E vs Houston

2 DAYS ON ROCKET

-37 Days

$985,000

+$665K More

$158/SqFt

-$8 Less

KEY TAKEAWAY

This property is $665K more than the Median Sold Price and $8/SqFt less than other homes in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #68244801

Listing Office:

  • Office Name: State 28 Real Estate, PLLC
  • Office Phone: (281) 849-8028
  • Listing Agent: Scott Young

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/15/2024, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$4,984

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,020

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-404771
5
/10
  • Kashmere Gardens Elementary School

  • 4901 Lockwood Dr

  • 0.52 miles

  • Public District Grades EE-5

school-card-donut-404772
5
/10
  • Isaacs Elementary School

  • 3830 Pickfair St

  • 1.03 miles

  • Public District Grades EE-5

school-card-donut-404773
3
/10
  • Ross Elementary School

  • 2819 Bay St

  • 1.04 miles

  • Public Magnet Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,064. Typical income of Houston, TX residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesTexasHarris CountyHouston770876723 S Loop E

This home is located at 6723 S Loop E in Houston, TX and zip code 77087 in the Northeast Houston neighborhood. This 6,234 square foot home was built in 1954. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $985,000.

In October 2024, from all listings sold in Houston, TX there were more than 298 sold above asking price, over 1241 sold below and more than 429 were sold right at the asked price. The number of homes for sale in Houston, TX increased by 19% between September 2024 and October 2024. In October 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $319,958.

From Rocket Homes Real Estate and based on county public records data.

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