$134,100
NAL Estimated Property Value3224 Timmons Ln Apt 121, Houston, TX, 77027
Off Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
FlooringTile
Building Information
Year Built1967
Land Information
APN1134470000007
SubdivisionSummit Court Condo
Land UseResidential
Legal DescriptionUNIT 121 BLDG C SUMMIT COURT CONDO
Census Tract411507
Assessed Land Value$25,479
Assessed Improvement Value$108,621
Assessment Year2025
About this property
This charming condominium is situated in the vibrant Greenway Plaza area in the heart of Houston, just a short walk from Costco and various dining options. The unit offers 1 bedroom, 1 bathroom, with newly interiors painted. The master bedroom includes a spacious walk-in closet. The well-kept Summit Court Complex features a community pool, assigned parking, and a central laundry facility.
Investor Tools
$134,100
Estimated Property Value
$0Estimated Mortgage Balance
$134,100Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$805 /month
Positive
Cash Flow Estimate:
$268 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,900
$134,100
2025
$25,479
$108,621
$134,100
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,900
$134,100
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$134,100
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
14.7%
