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1view

$252,979

6455 Bayou Glen Rd, Houston, TX, 77057

Off Market

2 Beds

3 Bath

1,259 Sq Ft

Condos / Townhouses

$190.63 / sqft

Built in 1970

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Heating Central

Cooling

AppliancesMicrowave, Electric Cooktop, Refrigerator, Washer/Dryer Stacked, Dishwasher, Oven

FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built1970

Stories1

Land Information

APN1148970070003

SubdivisionKerry Glen Condo

Land UseResidential

Legal DescriptionUNIT 6455 BLDG N .011770 INT COMMON LAND & ELE KERRY GLEN CONDO SEC 3

Census Tract431600

Assessed Land Value$48,066

Assessed Improvement Value$204,913

Assessment Year2025

About this property

Stunning 2-story condo located in the highly desirable gated & guarded Kerry Glen III is a hidden gem in the Tanglewood area. Completely updated 2 bedroom/2.5 bath. 2018 updates include Quartz counter tops, Italian plank tile, custom soft close kitchen and bathroom cabinet doors/drawers, new kitchen appliances, new electrical fixtures, new high end gold/brass plumbing fixtures, A/C unit replacement, custom closet systems, TimberTech decking, new high efficiency picture and casement windows, upstairs plumbing re-pipe. Upstairs living includes large primary room with pool and waterfall view, double sink vanity and reach through closet. Laundry closet conveniently located upstairs between both bedrooms. Enjoy the mature oak trees and well maintained landscaping from your large, beautifully updated patio! ALL UTILITY BILLS PAID BY HOA FEE(water, sewer, trash, electricity, basic cable,12 hour manned guard, gated community, grounds & exterior building, covered parking spot)

Investor Tools

$252,979

Estimated Property Value

$177,000Estimated Mortgage Balance

$88,043Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,518 /month

Positive

Cash Flow Estimate:

$506 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$368/month

$583/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,156

$252,979

2025

$48,066

$204,913

$252,979

Tax History

Year

Tax Paid

Assessed Value

2024

$3,156

$252,979

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$177,000

First

Sep 15, 2022

Oct 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$164,936

$88,043

34%

65%

$1,062/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,540/mo

$1,645/mo

$-105/mo

7.3%

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