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$207,000

NAL Estimated Property Value

4040 San Felipe St Apt 153, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,068 Sq Ft
price_per_sqft$215.36 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Exterior

Exterior FeaturesStorage, Courtyard

Building Information

Year Built1956
Stories1

Land Information

APN1099640000003
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 153 BLDG J .74 INT COMMON LAND & ELE RIVER OAKS T/H CONDO AMEND
Census Tract411200
Assessed Land Value$37,720
Assessed Improvement Value$160,807
Assessment Year2025

About this property

**New kitchen appliances installed this week and will be photographed soon!** Nicely appointed condo ideally located in River Oaks Townhomes- perfect for relaxation, investors, or first time home buyers! This 2 bedroom, two bath unit has been updated with fresh paint and attractive flooring, and is ready for immediate occupancy. Features include: first floor courtyard location and private entry off kitchen, covered parking & storage unit, well finished kitchen with breakfast bar that flows to dining room/breakfast room, and large den/living room with sliding glass doors leading to private patio. The spacious primary bedroom features an en-suite bath and walk-in closet. The spacious secondary bedroom has a nicely sized closet as well. There are two pools for use by residents & their guests. A lovely home in a manned, gated community centrally located to downtown, River Oaks District, the Galleria, Memorial Park, and so many popular restaurants and retail establishments!

Investor Tools

Property Icon
$207,000
Estimated Property Value
$0Estimated Mortgage Balance
$207,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
$537/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,116
$198,527
2025
$37,720
$160,807
$198,527
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,116
$198,527

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$198,527
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$537/mo
+$1,423/mo
11.4%

City: Houston

4040 San Felipe St Apt 153 | Property Details | No Agent List