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$265,000

6441 Olympia Dr # 121, Houston, TX, 77057

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,520 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$174.34 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Refrigerator Included, Wine Refrigerator, Convection Oven, Gas Range, Dryer, Full Size, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringEngineered Wood, Tile, Vinyl Plank

Exterior

Exterior FeaturesPlayground
Lot Size14.50 acres

Building Information

Year Built1973
Stories2
Garage Spaces1

Land Information

APN1058890000121
SubdivisionBriarwest T/H Condo
Land UseResidential
Legal DescriptionUNIT 121 BLDG R .005154 INT COMMON LAND & ELE BRIARWEST T/H CONDO
Census Tract431303
Assessed Land Value$43,487
Assessed Improvement Value$185,391
Assessment Year2025

About this property

A rare find! This fully renovated corner unit is filled with natural light and boasts extensive updates (attached), offering the perfect blend of comfort and style. The chef’s kitchen features custom cabinets, granite countertops, subway tile backsplash, abundant storage, pot and pull-out drawers, soft-close cabinets, gas range, and European hood vent. Full-size washer and dryer are tucked away out of sight. The dining room fits a large table beneath a designer light and opens seamlessly to the spacious living room, framed by massive wooden sliding doors. A private patio completes the first floor. Upstairs are two primary suites, each with a renovated ensuite bath and large closets. The owners thoughtfully rebuilt the kitchen, removed walls to improve the layout, renovated all bathrooms, replaced windows and sliding doors, rebuilt the staircase, upgraded the electrical panel, replaced the roof, installed upstairs flooring —all completed for the enjoyment of the new owner.

Investor Tools

$130,685Estimated Mortgage Balance
$107,315Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

Interested in this property?

Lea Hallahan

Compass RE Texas, LLC - Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,251
$228,878
2025
$43,487
$185,391
$228,878
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,251
$228,878

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$149,885
No
First
Mar 31, 2020
Apr 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,685
$107,315
45%
55%
$899/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,399/mo
+$631/mo
10.2%

City: Houston

6441 Olympia Dr # 121 | Property Details | No Agent List