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$130,000

6109 Fondren Rd # 10, Houston, TX, 77036

$169,000 ARVInfo
Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths5,772 Sq Ft
Multi FamilyMulti Family
price_per_sqft$43.31 / sqft
Year BuiltBuilt in 1964

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1964
Stories2

Land Information

APN0986610000010
SubdivisionFondren T/H
Land UseResidential
Legal DescriptionUNIT 10 BLDG A .043363 INT COMMON LAND & ELE FONDREN T/H SEC 2
Census Tract432805
Assessed Land Value$16,877
Assessed Improvement Value$65,123
Assessment Year2025

About this property

-3 NON-Consecutive townhomes located in Fondren Townhomes Section 02 are for sale as a Package. -Centralized location close to Westpark, Hwy 59, and Beltway 8, and The Galleria -Gated, Well kept and some has been renovated -2 detached carports for each unit, side parking, and street parking -Stable tenants on a month to month, ideal for new investor to make updates to increase to higher market rent -HOA fee is $295 -$345 per unit covers exterior insurance, exterior and gate maintenance, water, sewer, and trash. -Current Rent Rolls from $1100-$1250 each unit, with potential rent increase from to $1300-$1500 depending on cosmetic updates. -6119 Fondren Rd #15, Houston, TX 77036 - vacant, 2 beds, 1 full 2 half baths, 1,374 SF. -6109 Fondren Rd #10, Houston, TX 77036 - tenant occupied $1,100 per month, 3 beds, 1 full 2 half baths, 1,590 SF. -6121 Fondren Rd #16, Houston, TX 77036 - tenant occupied $1,050 per month, 2 beds, 1 full 2 half baths, 1,296 SF

Investor Tools

Property Icon
$130,000
Estimated Property Value
$0Estimated Mortgage Balance
$130,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$169,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,354
$82,000
2025
$16,877
$65,123
$82,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,354
$82,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$143,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$300/mo
+$1,422/mo
15.9%

Learn About the Market: Opportunity in Houston

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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.

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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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6109 Fondren Rd # 10 | Property Details | No Agent List