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6427 Morrow St
About This Property
The lot is positioned near the corner of De Priest and Morrow, offering convenient access and strong redevelopment potential. This area is highly attractive because of its proximity to Downtown Houston, major highways, and continued new construction activity. Excellent access to: Interstate 45, Loop 610, Highway 290, Downtown Houston, The Heights, North Houston business corridors
This location offers quick commuting options for work, schools, and entertainment.
Located in the Highland Highs subdivision. The lot is located at the corner of Morrow and The prist streets
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2026 | Price Decreased |
$54,000
↓ $1K
(1.8%) | |
| Price Decreased | |||
| Oct 6, 2026 | Price Decreased |
$55,000
↓ $1K
(1.8%) | |
| Price Decreased | |||
| Sep 6, 2026 | Price Decreased |
$56,000
↓ $2K
(3.5%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Increased |
$58,000
↑ $1K
(1.8%) | |
| Price Increased | |||
| Aug 14, 2026 | Price Decreased |
$57,000
↓ $1K
(1.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017