Last 24 Hours
$80,000
NAL Estimated Property Value6161 Reims Rd Apt 1013, Houston, TX, 77036
Recently Sold
7/31/26
2 Beds
2 Bath
934 Sq Ft
$63.17 / sqft
Built in 1977Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 2
Heating Central
CoolingBuilding Information
Year Built1977
Stories1
Land Information
APN1141560010014
SubdivisionSummerset Landing Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 1013 BLDG K .004545 INT COMMON LAND & ELE SUMMERSET LANDING CONDO PH 1
Census Tract432806
Assessed Land Value$13,690
Assessed Improvement Value$58,365
Assessment Year2025
About this property
This fixer-upper is an ideal opportunity for investors or homebuyers looking for significant value-add potential. Located in a prime area just minutes from the Galleria, Plaza Americas, and Houston Christian University, this property offers unmatched convenience. Being sold as-is. Don't miss out on this excellent investment potential. Bring your vision and creativity, whether you’re looking to add to your rental portfolio or occupy it, this is a great opportunity!
Investor Tools
$80,000
Estimated Property Value
$0Estimated Mortgage Balance
$80,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$480 /month
Positive
Cash Flow Estimate:
$160 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
$275/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,610
$72,055
2025
$13,690
$58,365
$72,055
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,610
$72,055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$86,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$275/mo
+$1,032/mo
19.6%
12.4%