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$67,656

NAL Estimated Property Value

6200 W Tidwell Rd Apt 505, Houston, TX, 77092

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,133 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$0.97 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Electric Range, Free-Standing Range, Refrigerator, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesPlayground

Building Information

Year Built1974

Land Information

APN1312710000028
SubdivisionAsbury Park Condo
Land UseResidential
Legal DescriptionUNIT 505 .0050 INT COMMON LAND & ELE ASBURY PARK CONDO
Census Tract532200
Assessed Land Value$12,855
Assessed Improvement Value$54,801
Assessment Year2025

About this property

Discover affordable urban living in this CHARMING condominium rental! Spanning 1,133 sq ft across two spacious levels, this unit boasts 2 generously sized bedrooms and 1.5 bathrooms, perfect for comfortable living. The open layout is complemented by sleek laminated flooring throughout, creating a modern and inviting ambiance. Enjoy the convenience of an inside laundry setup and a fridge that's included with the unit. Enjoy quick access to major roadways and bus stops, making your commute smoother and providing convenient transportation options. You'll have no trouble exploring the city, while the central location ensures you're never far from all the excitement. Don't miss out on this fantastic opportunity to call this condominium home!

Investor Tools

Property Icon
$67,656
Estimated Property Value
$31,893Estimated Mortgage Balance
$35,763Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$406 /month
Positive
Cash Flow Estimate:
$135 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,109
$67,656
2025
$12,855
$54,801
$67,656
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,109
$67,656

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Joseph Duc Nguyen
Seller Carryback / Seller Financing / Seller Take-Back
$38,000
No
First
Jun 15, 2018
Jun 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,893
$35,763
52%
47%
$228/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$228/mo
+$1,079/mo
23.2%

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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6200 W Tidwell Rd Apt 505 | Property Details | No Agent List