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$69,000

NAL Estimated Property Value

6161 Reims Road 212, Houston, TX, 77036

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths712 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$83.57 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Free-Standing Range, Refrigerator, Washer/Dryer Stacked, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1977
Stories1

Land Information

APN1141870010013
SubdivisionSummerset Landing Condo Ph 4
Land UseResidential
Legal DescriptionUNIT 212 BLDG B .004545 INT COMMON LAND & ELE SUMMERSET LANDING CONDO PH 4
Census Tract432806
Assessed Land Value$10,785
Assessed Improvement Value$45,979
Assessment Year2025

About this property

Tenant occupied month to month, near school, shopping, banking, library, easy access to major freeways, 15 minutes to Houston Downtown.

Investor Tools

Property Icon
$69,000
Estimated Property Value
$0Estimated Mortgage Balance
$69,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$414 /month
Positive
Cash Flow Estimate:
$138 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$131/month
$198/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,221
$56,764
2025
$10,785
$45,979
$56,764
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,221
$56,764

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$69,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$198/mo
+$897/mo
19.0%

City: Houston

6161 Reims Road 212 | Property Details | No Agent List