6161 Reims Rd, Houston, TX 77036

2 bd · 2 ba · 934 sqft · built 1977 · Houston · CONDOS·source listing ↗

$59,000

$69,500 first listed

seller intel

Price cut

−15.1%

from $69,500

Motivation score

55/100

OnePercent model (vv1)$982/mo

p10–p90 confidence band

HUD Fair Market Rent · 77036 · 2BR$1,380/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Harris

Flood risk indexRelatively High FEMA NRI

Median household income$45,716

Median area rent$1,042/mo

Median home value$235,300

the verdict

1.66%vs 0.8% target

wide confidence band

financing: 20% down · — (FRED, live) · 30yr

$59,000

1.66% · rent $982

Intrinsic value · income approach

$121,062

51% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.