$92,000
NAL Estimated Property Value6500 Rampart St Apt 40, Houston, TX, 77081
Off Market
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Ice Maker, Microwave, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile
Building Information
Year Built1967
Stories1
Land Information
APN1122000000004
SubdivisionLe Jardin T/H Condo
Land UseResidential
Legal DescriptionUNIT 40 BLDG F .021300 INT COMMON LAND & ELE LE JARDIN T/H CONDO
Census Tract421403
Assessed Land Value$9,911
Assessed Improvement Value$42,251
Assessment Year2025
About this property
Immaculately kept fully renovated condo features a bright, open layout with clean, beautiful and a functional floor plan located in the heart of Houston. This charming condo offers a welcoming environment for everyday living and entertaining. Generously sized rooms, tasteful finishes, and thoughtfully designed spaces make this home both comfortable and practical, within walking distance to major shopping malls, restaurants, places of worship and other amenities, quiet residential neighborhood with quick access to all major highways.
Investor Tools
$92,000
Estimated Property Value
$37,207Estimated Mortgage Balance
$54,793Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$552 /month
Positive
Cash Flow Estimate:
$184 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
$375/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$967
$52,162
2025
$9,911
$42,251
$52,162
No
Tax History
Year
Tax Paid
Assessed Value
2024
$967
$52,162
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sierra Vista Realty Llc
Purchase Money Mortgage
$40,000
No
First
Aug 19, 2022
Nov 2022
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$37,207
$58,793
61%
40%
$240/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$615/mo
+$692/mo
17.0%
