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$680,000

NAL Estimated Property Value

2143 Kipling St, Houston, TX, 77098

Off MarketInfo
Beds2 Beds
Baths4 Bath
Baths2,766 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$244.03 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Wood

Exterior

Lot Size3,001 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APN0600890050011
SubdivisionLanier Place
Land UseResidential
Legal DescriptionTRS 11A & 12B BLK 5 LANIER PLACE
Census Tract411002
Assessed Land Value$268,813
Assessed Improvement Value$334,161
Assessment Year2025

About this property

Beautifully maintained traditional style townhome in prime Upper Kirby location. Enter the residence through an iron gate leading down a red brick hallway to a private landscapted courtyard. Nice floorplan with an open concept living/dining area with traditional moldings and hardwoods. Kitchen/breakfast area with doors to back deck. Second floor primary bedroom with gas fireplace and a spacious bathroom. Utility and home office/study located on the second floor. Third floor boasts a huge bedroom with a private bath and closet. Two-car detached garage with covered walkway through the gated courtyard. The apartment above the garage is separate from the main house and has its' own staircase entry. The apartment is not included in the house square footage. It was recently finished out with sheetrock, nice hardwood floors, and a full bath. Prime location within walking distance to area restaurants, shopping, and grocery stores. Shows beautifully!

Investor Tools

Property Icon
$680,000
Estimated Property Value
$480,192Estimated Mortgage Balance
$199,808Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,080 /month
Positive
Cash Flow Estimate:
$1,360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,380
$602,974
2025
$268,813
$334,161
$602,974
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,380
$602,974

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$520,000
No
First
Apr 8, 2022
May 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$480,192
$159,808
24%
71%
$3,118/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$3,118/mo
$-1,158/mo
3.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2143 Kipling St | Property Details | No Agent List