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$128,802

NAL Estimated Property Value

4040 San Felipe 238, Houston, TX, 77027

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths780 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.6 / sqft
Year BuiltBuilt in 1956

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Building Information

Year Built1956
Stories1

Land Information

APN1099620000006
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 238 BLDG H .55 INT COMMON LAND & ELE RIVER OAKS T/H CONDO AMEND
Census Tract411200
Assessed Land Value$24,472
Assessed Improvement Value$104,330
Assessment Year2025

About this property

Priced reduced for quick move in! Nice and safe gated community in River Oaks area. Newly updated one bedroom unit on the second level. Double panel window. New features includes new bathroom, new kitchen granite counter tops, new travertine tile flooring, new dishwasher etc. Two community swimming pools. Refrigerator & full size washer and dryer are included.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,732
$128,802
2025
$24,472
$104,330
$128,802
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,732
$128,802

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$128,802
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
15.3%

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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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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4040 San Felipe 238 | Property Details | No Agent List