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$96,000

NAL Estimated Property Value

6125 Fondren Road 18, Houston, TX, 77036

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,590 Sq Ft
price_per_sqft$81.7 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Electric Oven, Electric Cooktop, Free-Standing Range, Refrigerator, Dishwasher, Oven
FlooringCarpet, Tile

Building Information

Year Built1964
Stories2

Land Information

APN0986610000018
SubdivisionFondren T/H
Land UseResidential
Legal DescriptionUNIT 18 BLDG A .043363 INT COMMON LAND & ELE FONDREN T/H SEC 2
Census Tract432805
Assessed Land Value$16,877
Assessed Improvement Value$71,951
Assessment Year2025

About this property

Welcome to this charming 2-story townhouse in a peaceful gated community awaiting your personal touch. Conveniently located near US 59, The Galleria, and Downtown Houston, this home features a bright and spacious family room, a kitchen with a breakfast area, and a utility room on the main floor. Upstairs, you'll discover three large bedrooms with walk-in closets and two bathrooms. With plenty of potential for a stunning remodel, this property offers a great opportunity in a prime location.

Investor Tools

Property Icon
$96,000
Estimated Property Value
$0Estimated Mortgage Balance
$96,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$779 /month
Positive
Cash Flow Estimate:
$260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$236/month
$292/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,354
$88,828
2025
$16,877
$71,951
$88,828
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,354
$88,828

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$96,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$292/mo
+$1,430/mo
21.5%

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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6125 Fondren Road 18 | Property Details | No Agent List