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$259,000

2120 Kipling St Apt 206, Houston, TX, 77098

PendingInfo
Beds1 Beds
Baths2 Bath
Baths1,064 Sq Ft
price_per_sqft$243.42 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher, Washer/Dryer
FlooringLaminate

Exterior

Exterior FeaturesBalcony/Terrace

Building Information

Year Built2006

Land Information

APN1351020020006
Land UseResidential
Legal DescriptionUNIT 206 LEVEL 2 .0255 INT COMMON LAND & ELE 2120 KIPLING CONDO AMEND
Census Tract411002
Assessed Land Value$52,287
Assessed Improvement Value$222,907
Assessment Year2025

About this property

Located in the heart of Upper Kirby, this charming 1 bed, 1 bath condo boasts a spacious balcony with access from both the living room and bedroom. Featuring stunning hardwood floors in the living areas, granite countertops, crown moldings, and high ceilings. Just steps away from premier shopping, vibrant nightlife, and even a Tesla charging station. Enjoy the convenience of being minutes from Mid-Town, Montrose, Downtown, and the Medical Center. Don't miss out on this incredible property in a prime location!

Investor Tools

$179,241Estimated Mortgage Balance
$98,439Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
$571/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,791
$275,194
2025
$52,287
$222,907
$275,194
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,791
$275,194

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$196,281
No
First
Oct 5, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,241
$97,759
35%
65%
$1,177/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,748/mo
$-108/mo
7.1%

City: Houston

2120 Kipling St Apt 206 | Property Details | No Agent List