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$922,000

NAL Estimated Property Value

1537 Kipling St, Houston, TX, 77006

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,421 Sq Ft
DuplexDuplex
price_per_sqft$1.3 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Wood

Exterior

Lot Size6,752 sqft

Building Information

Year Built1935

Land Information

APN0522240000001
Lot Number1
SubdivisionMandell Place
Land UseResidential
Legal DescriptionLT 1 BLK 4 MANDELL PLACE
Census Tract410703
Assessed Land Value$810,000
Assessed Improvement Value$41,434
Assessment Year2025

About this property

Wonderful large two bedroom 1930's downstairs duplex is located in the sought-after neighborhood of Mandell Place in the heart of Montrose. Beautiful hardwood floors through-out. Large living room w/mock fireplace. Kitchen includes lots of cabinets for storage. Cute breakfast area w/butler pantry. Home is filled with an abundance of natural light from recently replaced energy efficient windows. Central ac/, full size LG washer/dryer & 2 off street parking spot. Shared fenced backyard space. Conveniently located to HEB, area schools, shopping, and restaurants along Alabama, Dunlavy, Richmond and Shepherd. Great Landlord! Don't miss this great home!

Investor Tools

Property Icon
$922,000
Estimated Property Value
$0Estimated Mortgage Balance
$922,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,532 /month
Positive
Cash Flow Estimate:
$1,844 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,071
$851,434
2025
$810,000
$41,434
$851,434
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,071
$851,434

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$910,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
N/A
+$3,340/mo
4.3%

City: Houston

1537 Kipling St | Property Details | No Agent List