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$340,000

NAL Estimated Property Value

1156 N Kirkwood Rd, Houston, TX, 77043

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,216 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$144.36 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size2,043 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1117880010005
SubdivisionWestwick
Land UseResidential
Legal DescriptionTH E BLDG 15 WESTWICK SEC 1 T/H
Census Tract543202
Assessed Land Value$60,704
Assessed Improvement Value$252,045
Assessment Year2025

About this property

Updated townhome with 3 bedrooms and 2/1 bathrooms and 2 car garage located in Spring Branch. All updates completed in the last 4 years. Tile wood floors throughout the first floor. High ceilings in the living room with a gas log fireplace. The kitchen has been renovated and is open to the living room and features new cabinetry, quartz counters, eat-in breakfast bar, gas range, electric oven and built-in microwave. Upstairs, there is a nice size primary bedroom with walk in closet. The primary bathroom has been renovated with new cabinetry, quartz counters, tile floors and a standing shower with tile surround. The secondary bathroom has quartz counters. There is a large flex room downstairs that can be used as a game room or study/office. The outdoor patio is perfect for gatherings. Other recent improvements include new roof, double pane windows, front and back door, hot water heater, and blown insulation. Home did NOT flood! Convenient access to I-10, City Centre and Memorial City.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$211,293Estimated Mortgage Balance
$128,707Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
$278/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,302
$312,749
2025
$60,704
$252,045
$312,749
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,302
$312,749

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michael W Lafferty
Purchase Money Mortgage
$250,000
No
First
Sep 12, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,293
$174,707
45%
62%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$1,777/mo
$-7/mo
6.2%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1156 N Kirkwood Rd | Property Details | No Agent List