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$163,000

6000 Reims Rd Apt 2904, Houston, TX, 77036

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,640 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$103.66 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Building Information

Year Built1984
Garage Spaces2

Land Information

APN1161370100004
SubdivisionGalleria Diplomat T/H Condo
Land UseResidential
Legal DescriptionUNIT 2904 BLDG J .004940 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

Renovated 2-story condo with two bedrooms and 2.5 baths. Both bedrooms are upstairs. 2 car garage. Conveniently located by 59/Harwin and Hillcroft. 20 minutes away from downtown and the medical center area. Tenant occupied who is on a month-to-month basis. Excellent opportunity for investors as well. Call today to schedule an appointment.

Investor Tools

Property Icon
$163,000
Estimated Property Value
$128,000Estimated Mortgage Balance
$39,799Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
$450/month
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

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$128,000
No
First
Apr 22, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,201
$35,934
22%
76%
$768/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,218/mo
+$89/mo
9.6%

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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