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Days54Days on Market
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$61,990

6001 Reims Road 1207, Houston, TX, 77036

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths693 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$89.45 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Wood

Exterior

Exterior FeaturesStorage

Building Information

Year Built1979
Stories1

Land Information

APN1145240050001
SubdivisionSilverfield Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 501 BLDG 5 .006676 INT COMMON LAND & ELE SILVERFIELD CONDO PH 1
Census Tract432803
Assessed Land Value$15,200
Assessed Improvement Value$64,800
Assessment Year2025

Investor Tools

$0Estimated Mortgage Balance
$80,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$480 /month
Positive
Cash Flow Estimate:
$160 /month

Interested in this property?

Joe Tijerina

Century 21 Garlington & Assoc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
$262/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,674
$80,000
2025
$15,200
$64,800
$80,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,674
$80,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$80,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$262/mo
+$833/mo
16.4%

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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6001 Reims Road 1207 | Property Details | No Agent List