$1,450
306 E E 40th 1/2 Building 1 A, Houston, TX, 77018
On Market
Lease
Highlights
Interior
AppliancesElectric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer
FlooringTile, Vinyl
Exterior
Lot Size5,005 sqft
Building Information
Year Built1965
Garage Spaces1
Land Information
APN0620540210003
Lot Number3
SubdivisionWilladale
Land UseResidential
Legal DescriptionLT 3 BLK 21 WILLADALE SEC 3
Census Tract530600
Assessed Land Value$135,068
Assessed Improvement Value$244,322
Assessment Year2025
About this property
Final touches being completed! Welcome to this newly renovated gated complex in Independence Heights. The units feature 2 bedrooms and 1 bathroom with plenty of parking. Tasteful upgrades include new shaker style cabinetry, quartz countertops, and vinyl flooring. Appliances included! Conveniently located, the property provides easy access to Houston Heights restaurants and nightlife while situated just minutes from major highways I-45, 290, and 610. Schedule a tour today!
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$675/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,603
$379,390
2025
$135,068
$244,322
$379,390
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,603
$379,390
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Conventional
$435,500
No
First
Jun 25, 2024
Jul 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$420,527
$279,473
39%
60%
$2,612/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,612/mo
$-386/mo
3.8%
