$201,345
NAL Estimated Property Value6406 Ferris Dr Apt 10, Houston, TX, 77081
$261,749 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesMicrowave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
Building Information
Year Built1982
Land Information
APN1174860020010
SubdivisionFerris Condo Regime
Land UseResidential
Legal DescriptionUNIT B-10 4.4503 INT COMMON LAND & ELE FERRIS CONDO REGIME
Census Tract421501
Assessed Land Value$38,256
Assessed Improvement Value$163,089
Assessment Year2025
About this property
Fantastic 2-story condo in Bellaire area. Family room, hidden under-stair area behind the bookshelf, formal dining. Kitchen leads to patio with 2 covered parking spots. Half bath downstairs. 2 bedrooms upstairs, each with their own private bathroom that has tub/shower. Laminate flooring throughout Condo. Community has courtyard and pool. Ideal blend of comfort and convenience! Great location with easy access to shopping, restaurants and freeways.
Investor Tools
$201,345
Estimated Property Value
$159,447Estimated Mortgage Balance
$41,898Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$261,749
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,208 /month
Positive
Cash Flow Estimate:
$403 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
$461/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,767
$201,345
2025
$38,256
$163,089
$201,345
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,767
$201,345
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Conventional
$162,400
No
First
Apr 19, 2024
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,447
$41,898
20%
79%
$1,192/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,653/mo
$-346/mo
7.8%
