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Owner Contacts

$108,000

3131 Cummins St Apt 54, Houston, TX, 77027

Off Market

1 Beds

1 Bath

620 Sq Ft

Condos / Townhouses

$1.93 / sqft

Built in 1969

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1969

Stories1

Garage Spaces1

Land Information

APN1116060000018

Subdivision3131 Cummins Lane T/H Condo

Land UseResidential

Legal DescriptionUNIT 54 BLDG B 1/96 INT COMMON LAND & ELE 3131 CUMMINS LANE T/H CONDO

Census Tract411507

Assessed Land Value$17,889

Assessed Improvement Value$76,261

Assessment Year2025

About this property

***ALL BILLS PAID*** REMARKABLE 1-bedroom, 1-bath condo located in the Heart of Greenway Plaza w/ ALL UTILITIES PAID including basic cable. Located in a GATED community. 1-assigned parking place in underground parking garage. Unit is located on the 2nd floor w/ balcony overlooking courtyard. UPDATED CONDO w/ sizeable living area w/ engineered wood floors & large storage closet. Kitchen w/ granite countertop, electric range, built-in microwave, dishwasher, & pantry. Refrigerator included. Spacious master bedroom w/ lighted, walk-in closet. Bath w/ single sink in granite vanity & tub w/ tiled shower. Complex has swimming pool & large laundry facility. Just blocks away from Central Market & Highland Village. *Pets considered on case-by-case. NO SMOKING. Guest parking on street. IDEAL LOCATION FOR COMMUTERS w/ easy access to I-10, Hwy 59, & 610 Loop. Easy drive to Downtown, The Galleria, & Medical Center. Close to shopping, restaurants, & more! *CONDO OCCUPIED. READY FOR MOVE-IN 8/1/25!*

Investor Tools

$108,000

Estimated Property Value

$0Estimated Mortgage Balance

$108,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$648 /month

Positive

Cash Flow Estimate:

$216 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$207/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,946

$94,150

2025

$17,889

$76,261

$94,150

Tax History

Year

Tax Paid

Assessed Value

2024

$1,946

$94,150

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$111,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

N/A

+$1,640/mo

18.2%

Learn About the Market: Opportunity in Houston

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