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$460,000

NAL Estimated Property Value

2120 Kipling St Apt 208, Houston, TX, 77098

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,897 Sq Ft
price_per_sqft$245.12 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2006

Land Information

APN1351020020008
Land UseResidential
Legal DescriptionUNIT 208 LEVEL 2 .0454 INT COMMON LAND & ELE 2120 KIPLING CONDO AMEND
Census Tract411002
Assessed Land Value$86,908
Assessed Improvement Value$370,500
Assessment Year2025

About this property

Beautifully updated 2023 corner-unit condo in the heart of Upper Kirby, directly across from Trader Joe’s and steps from top dining, shopping, and daily conveniences—enjoy a truly walkable lifestyle. This light-filled home features an open-concept layout with a gourmet kitchen, high-end appliances, quartz countertops, and abundant cabinetry. Engineered wood and tile flooring throughout, no carpet. Enjoy the largest private balcony in the complex, perfect for relaxing or entertaining. Thoughtful split floor plan offers privacy, with a guest suite opposite the primary. Spacious office or study and full laundry room add everyday convenience. The primary suite features a spa-like bath and a generous walk-in closet. Includes assigned parking in a ground-level garage, controlled access, and a Tesla charging station next door. Building renovations completed Summer 2025. Prime location near Midtown, Downtown, Museum District, Rice University, and the Texas Medical Center.

Investor Tools

Property Icon
$460,000
Estimated Property Value
$343,760Estimated Mortgage Balance
$116,240Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$922/month
$1,060/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,761
$457,408
2025
$86,908
$370,500
$457,408
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,761
$457,408

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$356,000
No
First
Jun 26, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,760
$116,240
25%
75%
$2,135/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$3,195/mo
$-1,235/mo
5.1%

City: Houston

2120 Kipling St Apt 208 | Property Details | No Agent List