$153,000
NAL Estimated Property Value4040 San Felipe St Apt 224, Houston, TX, 77027
Off Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Wood
Exterior
Exterior FeaturesBalcony, Courtyard
Building Information
Year Built1956
Stories1
Land Information
APN1099600000002
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 224 BLDG F .74 INT COMMON LAND & ELE RIVER OAKS T/H CONDO AMEND
Census Tract411200
Assessed Land Value$26,868
Assessed Improvement Value$114,543
Assessment Year2025
About this property
A professional contractor has stylishly renovated this unit. Refinished hardwood floors and custom designer tile throughout the residence. Unit is near the front with assigned covered parking as well as ample guest parking. This second floor unit has two large balconies with picturesque views. Both bathrooms feature designer vanities. All new hardware and lighting fixtures. All bills paid except electricity & internet. Close to Galleria & inner loop venues. Call me or your agent to see.
Investor Tools
$153,000
Estimated Property Value
$0Estimated Mortgage Balance
$153,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$918 /month
Positive
Cash Flow Estimate:
$306 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$318/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,050
$141,411
2025
$26,868
$114,543
$141,411
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,050
$141,411
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$161,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
15.4%
