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$120,000

NAL Estimated Property Value

6202 Skyline Drive 33, Houston, TX, 77057

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths707 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$118.81 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Washer/Dryer Stacked, Dishwasher, Washer/Dryer, Refrigerator
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard

Building Information

Year Built1979
Stories1

Land Information

APN1142180050002
SubdivisionSkyline Village Condo
Land UseResidential
Legal DescriptionUNIT 33 BLDG E .014521 INT COMMON LAND & ELE SKYLINE VILLAGE CONDO
Census Tract432706
Assessed Land Value$19,929
Assessed Improvement Value$84,961
Assessment Year2025

About this property

Fantastic potential for flipping or rental, strategically situated in sought-after Southwest Houston, just moments away from The Galleria. Unlock the true value of this property through a simple cosmetic rejuvenation, ensuring it reaches its maximum market potential. Previously owner-occupied, the property now stands vacant, presenting an ideal canvas for your investment aspirations.

Investor Tools

Property Icon
$120,000
Estimated Property Value
$71,134Estimated Mortgage Balance
$48,866Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
$252/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,195
$104,890
2025
$19,929
$84,961
$104,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,195
$104,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$85,360
No
First
Mar 1, 2018
Apr 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,134
$48,866
40%
59%
$512/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$764/mo
+$526/mo
12.9%

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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6202 Skyline Drive 33 | Property Details | No Agent List