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$182,000

NAL Estimated Property Value

6000 Reims Rd Apt 2005, Houston, TX, 77036

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,640 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.19 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1984
Garage Spaces2

Land Information

APN1161370010005
SubdivisionGalleria Diplomat T/H Condo
Land UseResidential
Legal DescriptionUNIT 2005 BLDG A .004950 INT COMMON LAND & ELE GALLERIA DIPLOMAT T/H CONDO
Census Tract432803
Assessed Land Value$30,236
Assessed Improvement Value$128,899
Assessment Year2025

About this property

Stunning fully remodeled 2-story home located in a desirable gated community! This beautiful residence features 2 spacious bedrooms, 2 full bathrooms, and 1 half bath, thoughtfully updated from top to bottom. Enjoy brand-new flooring throughout, modern kitchen cabinetry, sleek countertops, updated doors, and contemporary light fixtures that elevate every space. The open-concept kitchen flows seamlessly into the living and dining areas, perfect for entertaining or everyday living. Stylish new faucets, sinks, and finishes add a fresh, cohesive feel throughout the home. Complete with a private two-car garage, this move-in-ready property offers modern comfort, security, and convenience in one exceptional package

Investor Tools

Property Icon
$182,000
Estimated Property Value
$0Estimated Mortgage Balance
$182,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,459
$159,135
2025
$30,236
$128,899
$159,135
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,459
$159,135

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$159,135
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
8.6%

Learn About the Market: Opportunity in Houston

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Explore

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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6000 Reims Rd Apt 2005 | Property Details | No Agent List