NoAgentList RatingHow are grades calculated?

416Days on Market

1view

$235,000

4000 Purdue St Apt 118, Houston, TX, 77005

On Market

2 Beds

2 Bath

1,253 Sq Ft

Condos / Townhouses

$187.55 / sqft

Built in 1980

Property Lead Type:

Must-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Oven

FlooringTile, Wood

Exterior

Exterior FeaturesCourtyard, Balcony

Building Information

Year Built1980

Stories1

Land Information

APN1146660040001

SubdivisionHampton Oaks Condo Amend

Land UseResidential

Legal DescriptionUNIT 118 BLDG D HAMPTON OAKS CONDO AMEND

Census Tract411801

Assessed Land Value$40,712

Assessed Improvement Value$173,561

Assessment Year2025

About this property

Updated 2/2 in Hampton Oaks! Located in a quiet neighborhood adjacent to West U, with easy access to 59, the Galleria, Texas Medical Center, shopping, and dining. It was beautifully updated in 2017–2018 by current owners. It features a great open floorplan with wood floors, neutral paint, vaulted ceilings, and abundant natural light in the living areas. Primary bedroom has a walk in closet, double sink vanity, and lots of space. Large kitchen features stainless appliances, granite counters, custom cabinets, and utility room with full size washer and dryer. You wlll love the quiet courtyard location and tree lined street!

Investor Tools

$216,000

Estimated Property Value

$161,250Estimated Mortgage Balance

$55,215Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,410 /month

Positive

Cash Flow Estimate:

$470 /month

Interested in this property?

Gregg Engle

Compass RE Texas, LLC - Houston

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$474/month

$705/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,603

$214,273

2025

$40,712

$173,561

$214,273

Tax History

Year

Tax Paid

Assessed Value

2024

$4,603

$214,273

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Sofi Bank Na

Unknown

$161,250

First

Mar 30, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$160,785

$62,215

27%

74%

$967/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$1,672/mo

+$288/mo

10.9%

Learn About the Market: Opportunity in Houston

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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.

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