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$140,000

6103 Ludington Dr # 4942, Houston, TX, 77035

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,232 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$113.64 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,872 sqft

Building Information

Year Built1983

Land Information

APN1158100040006
SubdivisionFondren Sw Tempo Townhomes
Land UseResidential
Legal DescriptionUNIT 942 BLDG 4 .00625 INT COMMON LAND & ELE FONDREN SW TEMPO T/H SEC 3
Census Tract422302
Assessed Land Value$32,250
Assessed Improvement Value$117,176
Assessment Year2025

About this property

Welcome to 6103 Ludington Drive, Unit #4-942! Updated 2-bedroom, 2-bathroom townhome featuring private parking and access to a community pool. This home offers numerous improvements, including renovations to the primary bedroom and bathroom, updated kitchen, cozy fireplace, and upgraded HVAC system. Functional floor plan with spacious living and dining areas, providing comfortable everyday living. Conveniently located with easy access to shopping, dining, and major roadways. Move-in ready and ideal for homeowners or investors.

Investor Tools

$140,044Estimated Mortgage Balance
$9,609Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$897 /month
Positive
Cash Flow Estimate:
$299 /month

Interested in this property?

Ruth Messele

Nina's Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,655
$149,426
2025
$32,250
$117,176
$149,426
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,655
$149,426

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$145,500
No
First
Apr 12, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,044
$9,382
6%
94%
$873/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,223/mo
+$84/mo
10.5%

City: Houston

6103 Ludington Dr # 4942 | Property Details | No Agent List