Owner
$425,797
6804 WESTVIEW DR, HOUSTON, TX
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
2
baths
2
sq. ft.
1,622
property type
Condominium Unit (Residential)
hoa
Yes
About
Residential
Building Quality B
Average Condition
Living Area
Central
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2020
Building Size
1,622 sq ft
Lot Size
—
Lot Size (Acres)
—
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
144-882-001-0011
County
Harris County, TX
Metro Area
Houston-Pasadena-The Woodlands, TX
Zoning
—
Neighborhood/Subdivision
GATHERINGS AT WESTVIEW CONDO
Lot Number
—
School District
Spring Branch Independent School District
Legal Description
UNIT 1208 .0357 INT COMMON LAND & ELE GATHERINGS AT WESTVIEW CONDO
Tax & Value Information
Market Value (Total)
$299,180
Building Value
$219,215
Land Value
$79,965
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$299,180
Last Assessment Year
2022
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
8/31/2022
Recording Date
9/1/2022
Sales Document #
2022.444284
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$16,476
Return on Investment
15.60%
After Repair Value
$468,377
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$383,217
Renovation Cost
$21,290
Closing Costs (buying)
$7,664
Holding Costs
$11,627
Selling Costs
$28,103
Total Investment
$105,598
After Repair Value (ARV)
$468,377
Total Costs
$451,901
Estimated Profit
$16,476
Cash Invested
$97,933
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area