$79,995
6001 Reims Road #1202, Houston, TX, 77036
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Cooktop, Dryer, Full Size, Refrigerator, Washer, Dishwasher
FlooringLaminate, Stone, Wood
Exterior
Exterior FeaturesBalcony, Playground
Lot Size3.25 acres
Building Information
Year Built1980
Stories1
Land Information
APN1145240120002
SubdivisionSilverfield Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 1202 BLDG 12 .004940 INT COMMON LAND & ELE SILVERFIELD CONDO PH 2
Census Tract432803
Assessed Land Value$12,038
Assessed Improvement Value$51,320
Assessment Year2025
About this property
LUXURY CONDO COMPLETELY remodeled in IMMACULATE brand new condition! NO CARPETS~! SUPER HIGH QUALTY 10mm ARMSTRONG laminiates, GRANITE KITCHEN & BATH! TILE & MARBLE KITCHEN/BATHROOM/ENTRY FLOORS! BRAND NEW SAMSUNG STAINLESS STEEL appliances! ALL BRAND NEW ENERGY EFFICIENT FRONT DOOR, SLIDING PATIO DOOR, & BEDROOM WINDOWS! TRAVERTINE STANDING SHOWER WITH BENCH! 2 SPACIOUS CLOSETS IN MASTER BDR! WASHER / DRYER INCLUDED FRESH PAINT THROUGHOUT! BRAND NEW FIXTURES,KNOBS,EVERYTHING! SEE B4 2 LATE
Investor Tools
$0Estimated Mortgage Balance
$79,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$480 /month
Positive
Cash Flow Estimate:
$160 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
$283/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,326
$63,358
2025
$12,038
$51,320
$63,358
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,326
$63,358
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$79,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$283/mo
+$812/mo
16.6%
