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$125,000

3131 Cummins 44, Houston, TX, 77027

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths620 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.06 / sqft
Year BuiltBuilt in 1969

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1969
Stories1
Garage Spaces1

Land Information

APN1116060000008
Subdivision3131 Cummins Lane T/H Condo
Land UseResidential
Legal DescriptionUNIT 44 BLDG B 1/96 INT COMMON LAND & ELE 3131 CUMMINS LANE T/H CONDO
Census Tract411507
Assessed Land Value$20,433
Assessed Improvement Value$87,110
Assessment Year2025

About this property

***WHAT A FIND!!!*** Remarkable 1-bedroom, 1-bath condo located in the Heart of Greenway Plaza with ALL UTILITIES PAID INCLUDING BASIC CABLE. Located in a gated community. 1-assigned parking place in underground garage. Located on the 2nd floor w/ balcony overlooking courtyard. Spacious living w/ wood floors & lighted, walk-in storage closet. Kitchen w/ granite counter, electric range, DW, microwave, & pantry. Refrigerator incl. Bedroom w/ lighted, walk-in closet. Bath w/ single sink in an updated tiled vanity, decorative mirror & tub w/ shower. Complex has swimming pool & central laundry facility. Just blocks away from Central Market & Highland Village. NO SMOKING. Pets on case-by-case basis & no more than 40lbs allowed in the complex. Guest parking on street. IDEAL LOCATION FOR COMMUTERS. Minutes away from Downtown, Galleria, & Medical Center. Close to TONS of restaurants, high-end shopping, fitness centers, nightlife, & so much more. READY FOR IMMEDIATE MOVE-IN!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$239/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,248
$107,543
2025
$20,433
$87,110
$107,543
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,248
$107,543

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Lending
Conventional
$92,000
No
First
Aug 15, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,791
$34,209
27%
73%
$552/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$552/mo
+$1,088/mo
15.7%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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