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$998,293

NAL Estimated Property Value

2138 Kipling Street A, Houston, TX, 77098

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths4,004 Sq Ft
price_per_sqft$260.99 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringStone, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,431 sqft

Building Information

Year Built2008
Garage Spaces1

Land Information

APN1304640010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 KIPLING STREET MEWS
Census Tract411002
Assessed Land Value$285,039
Assessed Improvement Value$713,254
Assessment Year2025

About this property

Amazing opportunity to live in a gated enclave of six luxury homes in the Upper Kirby/River Oaks area. Current owners have upgraded and remodeled most interiors. This home offer a wonderful flow for entertaining with three levels and an elevator which accesses each floor. The first floor offers a beautiful entry, custom bar, wine storage and two bedrooms ensuite. The second level features spacious living with a study, living room with fireplace, formal dining, den and Chef’s Kitchen. The Kitchen has been updated with stainless countertops, Aga range, 2021 oven, and customized storage. A striking custom bar was added off the Dining Room. The third level offers the primary bedroom suite and a sitting room/exercise room off the bedroom. This space is generous in size and offers a spacious primary bath with gorgeous features, and two huge closets. New hot water heater HVAC and many, many upgrades. Don’t miss this amazing home!

Investor Tools

Property Icon
$998,293
Estimated Property Value
$717,906Estimated Mortgage Balance
$280,387Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,270 /month
Positive
Cash Flow Estimate:
$2,090 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,144/month
$1,700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,741
$998,293
2025
$285,039
$713,254
$998,293
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,741
$998,293

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Louisiana
Purchase Money Mortgage
$776,000
No
First
May 2, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$717,906
$280,387
28%
72%
$4,653/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$6,353/mo
$-3,773/mo
3.1%

City: Houston

2138 Kipling Street A | Property Details | No Agent List