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$115,635

NAL Estimated Property Value

3131 Cummins St Apt 14, Houston, TX, 77027

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths563 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.4 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringVinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1969
Stories1
Garage Spaces1

Land Information

APN1116050000014
Subdivision3131 Cummins Lane T/H Condo
Land UseResidential
Legal DescriptionUNIT 14 BLDG A 1/96 INT COMMON LAND & ELE 3131 CUMMINS LANE T/H CONDO
Census Tract411507
Assessed Land Value$21,971
Assessed Improvement Value$93,664
Assessment Year2025

About this property

Updated 1 bed, 1 bath condo in the heart of Greenway Plaza with all utilities and basic cable included. Located inside a gated community with lush landscaping and a resort-style pool, this second-floor unit features LVP flooring throughout, fresh paint, an updated kitchen with stainless steel appliances, and an updated bathroom. The spacious living area opens to a private balcony, and the unit includes one assigned parking space in the underground garage. Community laundry is conveniently located near the pool. Just minutes from Downtown, the Galleria, and the Medical Center, with easy access to Costco, Central Market, River Oaks District, and some of Houston’s best dining spots. Available for immediate move-in!

Investor Tools

Property Icon
$115,635
Estimated Property Value
$97,437Estimated Mortgage Balance
$18,198Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$694 /month
Positive
Cash Flow Estimate:
$231 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,136
$115,635
2025
$21,971
$93,664
$115,635
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,136
$115,635

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$110,580
No
First
May 4, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,437
$18,198
15%
84%
$663/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$663/mo
+$977/mo
17.0%

City: Houston

3131 Cummins St Apt 14 | Property Details | No Agent List