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$85,000

6402 Del Monte Dr Apt 62, Houston, TX, 77057

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths680 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$125 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringWood

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1970
Stories1

Land Information

APN1103140000005
SubdivisionRivington T/H Condo
Land UseResidential
Legal DescriptionUNIT 62 BLDG J .006290 INT COMMON LAND & ELE RIVINGTON T/H CONDO
Census Tract431304
Assessed Land Value$28,810
Assessed Improvement Value$122,821
Assessment Year2025

About this property

All bills paid! Enjoy affordable, low-maintenance living in this charming condo in the heart of the Galleria area. Monthly HOA dues include electricity, water, building insurance, and landscaping, making budgeting simple and predictable. Inside, you'll find attractive engineered wood floors, fresh interior paint, and a kitchen featuring granite countertops. The gated community offers a sparkling pool, central laundry facility, and controlled access for added peace of mind. Conveniently located just minutes from I-10, Loop 610, and US-59, you'll enjoy quick access to the Galleria, Downtown, Uptown, shopping, dining, and entertainment. Whether you're a first-time buyer, investor, or looking to downsize, this move-in-ready condo is an outstanding value in a prime location.

Investor Tools

$77,290Estimated Mortgage Balance
$74,341Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$910 /month
Positive
Cash Flow Estimate:
$303 /month

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Rory Higgins

Castle Team

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
$404/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,097
$151,631
2025
$28,810
$122,821
$151,631
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,097
$151,631

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$90,210
No
First
May 15, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,290
$74,341
49%
51%
$541/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$945/mo
+$345/mo
10.2%

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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6402 Del Monte Dr Apt 62 | Property Details | No Agent List