6617 Del Rio St #C

Harris County, Houston, TX 77021

Property Details

Single Family

Built in 2018

3 beds

3.5 baths

1848 sqft

1429 sqft lot

Attached

No HOA

Deal Type

Subject To

Cash to Close

$33,430 + CC/TC

Asking Price

$421,000

Existing Mortgage

Loan Type

FHA

Estimated Loan Balance

$387,570

Estimated PITI

$3,592

Interest Rate

6.250%

Maturity Date

11-30-2051

Balloon

N/A

Highlights

  • Turnkey 2018 build — minimal deferred maintenance

  • Assumable Sub-To loan at 6.25% — no new financing required

  • Vacant — ready for immediate occupancy or rental

  • No HOA — full flexibility on rental strategy (STR, MTR, LTR)

  • Houston market with strong rental demand

  • View Floorplan

Strategy Note

This deal is best suited for a mid-term rental (MTR/STR), BRRRR with appreciation play, or a long-term hold leveraging the below-market 2018 build. The 6.25% rate is locked through 2051 — no new financing needed.

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DISCLAIMER. Buyer is responsible for conducting their own due diligence. All terms are negotiable, and all offers will be considered. Buyer pays all closing costs. A $5,600 non-refundable Earnest Money Deposit (EMD) is required unless otherwise stated.

The seller either owns or holds an equitable contractual interest in the property being marketed. All property information has been obtained from sources such as the MLS, County Assessor, and Property Tax Office. While believed to be accurate, these details, including lot size, square footage, zoning, construction year, and property features are not guaranteed.

Buyer acknowledges that the property is being sold “as is, where is,” and that the seller makes no representations or warranties of any kind regarding the condition of the property. Buyers are advised to perform their own inspections and evaluations prior to making an offer.

WHOLESALERS. Interested in partnering on this deal? Let’s collaborate. Reach out before marketing or sharing this opportunity so we can confirm JV terms and keep communication clear. Text, email, or call us to discuss.

REALTORS. We welcome agent participation! Please note that the listed wholesale price does not include agent commissions. If you’re representing a buyer, you’re responsible for negotiating your commission directly with your client or adjusting your offer amount to include it.

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