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$129,621

NAL Estimated Property Value

6253 Ludington Drive 2-811, Houston, TX, 77035

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,232 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$73.05 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringCarpet, Laminate, Tile

Building Information

Year Built1983

Land Information

APN1158100020005
SubdivisionFondren Sw Tempo Townhomes
Land UseResidential
Legal DescriptionUNIT 811 BLDG 2 .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

Light fixer upper price to sale today!

Investor Tools

Property Icon
$129,621
Estimated Property Value
$49,120Estimated Mortgage Balance
$80,501Estimated Equity
62% 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
$275/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,655
$129,621
2025
$32,250
$97,371
$129,621
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,655
$129,621

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$50,000
No
First
May 8, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,120
$80,501
62%
38%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$660/mo
+$1,062/mo
15.9%

City: Houston

6253 Ludington Drive 2-811 | Property Details | No Agent List