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Owner Contacts

$107,487

NAL Estimated Property Value

6324 Shadow Tree Dr # 632, Houston, TX, 77035

Off Market

1 Beds

1 Bath

784 Sq Ft

Condos / Townhouses

$126.59 / sqft

Built in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Dryer, Washer, Dishwasher

FlooringVinyl

Exterior

Exterior FeaturesCourtyard

Lot Size1,119 sqft

Building Information

Year Built1980

Stories1

Land Information

APN0461710380002

SubdivisionFondren Southwest Tempos Apts

Land UseResidential

Legal DescriptionAPT 6324 BLDG 38 FONDREN SOUTHWEST TEMPOS APTS ABST 1071 D ELLIOT

Census Tract422304

Assessed Land Value$31,950

Assessed Improvement Value$75,537

Assessment Year2025

About this property

Fully remodeled 1 bed, 1 bath condo in a quiet, gated community in Southwest Houston! This beautifully updated unit features brand-new flooring, fresh paint, and a modern kitchen with new cabinets, quartz countertops, and stainless steel appliances. The bathroom has been completely renovated with a sleek new vanity, updated tile, and contemporary fixtures. Enjoy an open living and dining area filled with natural light, plus a spacious bedroom with generous closet space. This condo also includes in-unit laundry connections, energy-efficient lighting, and a private patio area. Located minutes from Loop 610, Hwy 90, and Beltway 8, with easy access to the Texas Medical Center, Galleria, and Downtown Houston. Perfect for professionals or anyone seeking a stylish, low-maintenance home in a convenient location.

Investor Tools

$107,487

Estimated Property Value

$61,001Estimated Mortgage Balance

$46,486Estimated Equity

43% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$645 /month

Positive

Cash Flow Estimate:

$215 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$176/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$107,487

2025

$31,950

$75,537

$107,487

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$107,487

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Quick Lending Llc

Commercial

$62,000

First

Jun 30, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$61,001

$46,486

43%

57%

$372/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,095/mo

$372/mo

+$723/mo

12.2%

Learn About the Market: Opportunity in Houston

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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.

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