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$82,000

NAL Estimated Property Value

6161 Reims Rd Apt 611, Houston, TX, 77036

$83,527 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths934 Sq Ft
price_per_sqft$96.25 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Building Information

Year Built1977
Stories1

Land Information

APN1141650010012
SubdivisionSummerset Landing Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 611 BLDG F .004545 INT COMMON LAND & ELE SUMMERSET LANDING CONDO PH 2
Census Tract432806
Assessed Land Value$13,690
Assessed Improvement Value$58,365
Assessment Year2025

About this property

Conveniently located stater home with 2 bedrooms, 2 baths and laminated wood flooring. Remodeled kitchen with new counter top. Ceiling fans in all rooms. Washer and dryer hook ups. Clean and move-in ready. Approximate measurements. Built in 1977, this Townhouse/Condo - Condominium property is spacious with 934 sq ft of living space.

Investor Tools

Property Icon
$82,000
Estimated Property Value
$63,101Estimated Mortgage Balance
$18,899Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$83,527
Rent-to-Value Ratio: 0.72%
Rent Estimate
$539 /month
Positive
Cash Flow Estimate:
$180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$72,055
2025
$13,690
$58,365
$72,055
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$72,055

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Giao Pham
Purchase Money Mortgage
$63,750
No
First
Oct 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,101
$18,899
23%
77%
$383/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$658/mo
+$649/mo
19.1%

City: Houston

6161 Reims Rd Apt 611 | Property Details | No Agent List