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$153,000

NAL Estimated Property Value

3131 Cummins Street 21, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths943 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$143.16 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher
FlooringCarpet, Tile

Building Information

Year Built1969
Stories1
Garage Spaces1

Land Information

APN1116050000021
Subdivision3131 Cummins Lane T/H Condo
Land UseResidential
Legal DescriptionUNIT 21 BLDG A 1/96 INT COMMON LAND & ELE 3131 CUMMINS LANE T/H CONDO
Census Tract411507
Assessed Land Value$27,670
Assessed Improvement Value$117,962
Assessment Year2025

About this property

A beautifully renovated two-bedroom condo in the heart of Greenway Plaza, conveniently located near shopping, restaurants, and other city attractions. The kitchen and bathroom both updated with granite counters. The kitchen has updated cabinets. The bathroom has subway tile. The patio was redone in 2018 per the seller. Enjoy the amenities of a sparkling area pool, gated entry, access parking, and HOA COVERS ALL UTILITIES, (electric, basic cable, water, sewer.)

Investor Tools

Property Icon
$153,000
Estimated Property Value
$107,901Estimated Mortgage Balance
$45,099Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$918 /month
Positive
Cash Flow Estimate:
$306 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$322/month
$640/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,101
$145,632
2025
$27,670
$117,962
$145,632
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,101
$145,632

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$113,600
No
First
Aug 11, 2023
Sep 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,901
$45,099
29%
71%
$682/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,322/mo
+$638/mo
15.4%

City: Houston

3131 Cummins Street 21 | Property Details | No Agent List