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$920,657

NAL Estimated Property Value

1660 Kipling Street, Houston, TX, 77006

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths3,774 Sq Ft
price_per_sqft$238.21 / sqft
Year BuiltBuilt in 1935

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator
FlooringTile, Wood, Hardwood

Exterior

Lot Size6,874 sqft

Building Information

Year Built1935
Garage Spaces4

Land Information

APN0540530050003
Lot Number4
SubdivisionWest Mandell Place
Land UseCommercial
Legal DescriptionLT 4 & TR 3 BLK 5 WEST MANDELL PLACE
Census Tract410802
Assessed Land Value$721,875
Assessed Improvement Value$198,782
Assessment Year2025

About this property

Charming updated corner brick 4-plex in Mandell Place ON 6875 sq. ft. lot, per HCAD. Great investment opportunity that features 4 one bedroom units, each with hardwood flooring, sunroom, updated kitchen & baths. Each unit comes with 1 reserved covered parking space. Recent 2022 metal interior doors, 2021 roof, 2022 dog yard fencing & gate, 2025 mainline sewer replacement, 2021 washer dryer in central laundry + much more. Per Seller

Investor Tools

Property Icon
$920,657
Estimated Property Value
$811,075Estimated Mortgage Balance
$109,582Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,524 /month
Positive
Cash Flow Estimate:
$1,841 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,962/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,944
$920,657
2025
$721,875
$198,782
$920,657
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,944
$920,657

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$817,000
No
First
Dec 5, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$811,075
$109,582
11%
88%
$4,899/mo

City: Houston

1660 Kipling Street | Property Details | No Agent List