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$296,139

NAL Estimated Property Value

4040 San Felipe St Apt 162, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,560 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$189.1 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringCarpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Storage

Building Information

Year Built1956
Stories2

Land Information

APN1099650000009
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 162 BLDG K .99 INT COMMON LAND & ELE RIVER OAKS T/H CONDO AMEND
Census Tract411200
Assessed Land Value$56,266
Assessed Improvement Value$239,873
Assessment Year2025

About this property

Wonderful inner loop location. This property was completely and professionally renovated giving it the feel of much newer construction. Porcelain tile flooring. Custom cabinetry and top of the line appliances make this a well planned out efficient kitchen. Water connection for pasta pot above the stainless steel range. Oversized refrigerator will remain. Beautifully designed tranquil patio is just off the kitchen which leads to the two covered assigned parking spaces just outside your door. Very convenient for for unloading your vehicles. Laundry room has been moved to the second floor and is designed for full size washer/dryer. Tons of storage on the second floor bedrooms. Be sure and notice the intricate marble flooring in both upstairs baths. Designer window treatments remain. Additional storage locker approximately 6x10. Zoned to River Oaks Elementary. Two 9ft. deep pools. Easy access to major freeways, med center, galleria and RO District and fine dining.

Investor Tools

Property Icon
$296,139
Estimated Property Value
$179,380Estimated Mortgage Balance
$116,759Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,777 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
$657/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,139
$296,139
2025
$56,266
$239,873
$296,139
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,139
$296,139

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$192,500
No
First
Sep 12, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,380
$116,759
39%
61%
$1,155/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,812/mo
+$148/mo
7.9%

City: Houston

4040 San Felipe St Apt 162 | Property Details | No Agent List