$85,000
NAL Estimated Property Value6161 Reims Court 907, Houston, TX, 77036
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Oven, Electric Cooktop
FlooringLaminate, Tile
Building Information
Year Built1977
Stories1
Land Information
APN1141830050008
SubdivisionSummerset Landing Condo Ph 3
Land UseResidential
Legal DescriptionUNIT 907 BLDG J .004545 INT COMMON LAND & ELE SUMMERSET LANDING CONDO PH 3
Census Tract432806
Assessed Land Value$12,871
Assessed Improvement Value$54,873
Assessment Year2025
About this property
Great Condo in a central location right in the heart of the medical center!! With mounds of potential, this spacious 2 bedroom 1 bathroom upper unit has laminate and tile flooring with a washer/dryer hook up. Well maintained, this condo has a lot to offer. Schedule your showing today!!
Investor Tools
$85,000
Estimated Property Value
$0Estimated Mortgage Balance
$85,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$510 /month
Positive
Cash Flow Estimate:
$170 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$35/month
$202/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$0
$67,744
2025
$12,871
$54,873
$67,744
No
Tax History
Year
Tax Paid
Assessed Value
2020
$0
$67,744
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$85,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$202/mo
+$1,105/mo
18.5%
