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$191,711

NAL Estimated Property Value

6318 S Briar Bayou Dr, Houston, TX, 77072

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,470 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$87.76 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWasher/Dryer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1972
Stories2
Garage Spaces1

Land Information

APN1034540010036
SubdivisionCrown Colony West Partition
Land UseResidential
Legal DescriptionUNIT 6318 BLDG 9 CROWN COLONY WEST PARTITION
Census Tract452502
Assessed Land Value$32,000
Assessed Improvement Value$159,711
Assessment Year2025

About this property

Fantastic Investment Opportunity Nestled Just Blocks From The Westpark Toll. This spacious, off-street unit (of a fourplex) is ready for new owners to love. This fantastic flowing floor plan features a spacious living area w/a wet bar, a galley kitchen, a large dining room that opens to a private patio, 2 super spacious bedrooms & a large yard. This property needs a new owner looking for a fixer-upper. It's a work in progress & is priced accordingly, listed for well under the average of other properties in the area. You'll find great bones & plenty of space to make your favorite improvements. The location is ideal, within walking distance of the elementary school & local parks. Easy commute w/nearby West Park Toll. Enjoy a wide variety of local restaurants, pubs, shopping & more. Low monthly HOA dues include outside of the building, landscaping, plumbing in the ground from wall to street & roof. Great investment opportunity. Call for details!

Investor Tools

Property Icon
$191,711
Estimated Property Value
$0Estimated Mortgage Balance
$191,711Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,150 /month
Positive
Cash Flow Estimate:
$383 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
$132/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,435
$191,711
2025
$32,000
$159,711
$191,711
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,435
$191,711

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$191,711
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$132/mo
+$1,175/mo
8.2%

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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6318 S Briar Bayou Dr | Property Details | No Agent List