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$81,717

NAL Estimated Property Value

6001 Reims Rd Apt 702, Houston, TX, 77036

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths917 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$64.23 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Electric Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet

Building Information

Year Built1979
Stories1

Land Information

APN1145240070002
SubdivisionSilverfield Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 702 BLDG 7 .006676 INT COMMON LAND & ELE SILVERFIELD CONDO PH 1
Census Tract432803
Assessed Land Value$15,526
Assessed Improvement Value$66,191
Assessment Year2025

About this property

Great investment property! Tenant occupied with new A/C with 10 warranty (installed 1/30/2019). Convenient access to I-69/US 59S. Centrally located, 10 mins to the Galleria, and Sugar Land. Mins away from a wide variety of restaurants, shops, Memorial hospital and Houston Baptist University (HBU). Proof of funds or Pre-approval letter before showing. Thank you!

Investor Tools

Property Icon
$81,717
Estimated Property Value
$40,563Estimated Mortgage Balance
$41,154Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$490 /month
Positive
Cash Flow Estimate:
$163 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
$277/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,710
$81,717
2025
$15,526
$66,191
$81,717
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,710
$81,717

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hhn Properties Llc
Purchase Money Mortgage
$45,200
No
First
Jan 28, 2021
Jan 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,563
$41,154
50%
50%
$271/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$548/mo
+$547/mo
16.1%

City: Houston

6001 Reims Rd Apt 702 | Property Details | No Agent List