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$129,621

NAL Estimated Property Value

6217 Ludington Drive 20-921, Houston, TX, 77035

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,232 Sq Ft
price_per_sqft$85.23 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Tile

Building Information

Year Built1983

Land Information

APN1158100200008
SubdivisionFondren Sw Tempo Townhomes
Land UseResidential
Legal DescriptionUNIT 921 BLDG 20 .00625 INT COMMON LAND & ELE FONDREN SW TEMPO T/H SEC 3
Census Tract422302
Assessed Land Value$32,250
Assessed Improvement Value$97,371
Assessment Year2025

About this property

Beautiful gated complex, Corner Condo with open floor plan, Lots of natural lights, Lovely front patio for every relax morning, Two bedrooms and Two bathrooms, Large living room with high ceiling, NEW elegant wood floor, Good size extra space upstairs could be study or game room, Kitchen open to Living room, has Granite countertops, breakfast bar.

Investor Tools

Property Icon
$129,621
Estimated Property Value
$92,650Estimated Mortgage Balance
$36,971Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$778 /month
Positive
Cash Flow Estimate:
$259 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
$304/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,026
$129,621
2025
$32,250
$97,371
$129,621
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,026
$129,621

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$101,650
No
First
Sep 16, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,650
$36,971
28%
71%
$610/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$914/mo
+$393/mo
12.1%

City: Houston

6217 Ludington Drive 20-921 | Property Details | No Agent List