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$85,000

NAL Estimated Property Value

6161 Reims Court 907, Houston, TX, 77036

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths876 Sq Ft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

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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%

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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6161 Reims Court 907 | Property Details | No Agent List