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Owner Contacts

$175,319

NAL Estimated Property Value

6000 Reims Rd Apt 3903, Houston, TX, 77036

Off Market

2 Beds

3 Bath

1,640 Sq Ft

Condos / Townhouses

$111.52 / sqft

Built in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Washer/Dryer, Oven

FlooringCarpet, Laminate, Vinyl

Building Information

Year Built1984

Garage Spaces2

Land Information

APN1161370200003

SubdivisionGalleria Diplomat T/H Condo

Land UseResidential

Legal DescriptionUNIT 3903 BLDG T .004940 INT COMMON LAND & ELE GALLERIA DIPLOMAT T/H CONDO

Census Tract432803

Assessed Land Value$33,311

Assessed Improvement Value$142,008

Assessment Year2025

About this property

WON'T LAST LONG! Immaculate Unit in Private Complex with Manned Guarded Entry! REMODELED Kitchen: Granite Counters + Updated Black Appliances, Cabinetry, & Recessed Lighting! Supersized Living Room - Handsome Laminate Flooring, Stately Crown Millwork, & Majestic Fireplace! King-Sized Master Suite - Big Walk-In Closet + Second Fireplace! Lovely Whirlpool Garden Bath with Dual Sinks! Large Secondary Bedroom - Walk-In Closet + Private En-Suite Bath! Tranquil Outdoor Setting with Patio! Two Car Garage with Recent Opener! Recent Second Floor Windows! Wonderful Complex with 24 Hour Manned Entry AND Two Pools! Easy Access to Westpark Tollway, Highway 59, & Beltway 8! MUST SEE!

Investor Tools

$175,319

Estimated Property Value

$153,873Estimated Mortgage Balance

$21,446Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,097 /month

Positive

Cash Flow Estimate:

$366 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$255/month

$440/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,181

$175,319

2025

$33,311

$142,008

$175,319

Tax History

Year

Tax Paid

Assessed Value

2024

$2,181

$175,319

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Pacific Mortgage Corp

Conventional

$162,000

First

Aug 29, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$153,873

$21,446

12%

88%

$972/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$1,412/mo

$-105/mo

8.9%

Learn About the Market: Opportunity in Houston

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