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$164,167

NAL Estimated Property Value

4040 San Felipe St Apt 247, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,068 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$112.36 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony, Storage, Courtyard

Building Information

Year Built1956
Stories1

Land Information

APN1099630000004
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 247 BLDG I .74 INT COMMON LAND & ELE RIVER OAKS T/H CONDO AMEND
Census Tract411200
Assessed Land Value$31,192
Assessed Improvement Value$132,975
Assessment Year2025

About this property

Pet friendly complex 2nd Floor unit with tons of natural light. 24 hr. manned gate. Bathrooms updated with comfort-height vanities. Laminate wood-like flooring for ease of maintenance. Kitchen with breakfast bar, lots of storage. Courtyard view. Great floor plan. Located near world class shopping and dining. Complex is well maintained. Plenty of guest parking as well as one assigned covered space. Basic cable, water and sewer included. 24 hour concierge service at the front. They will announce your guests and receive your packages.

Investor Tools

Property Icon
$164,167
Estimated Property Value
$46,559Estimated Mortgage Balance
$117,608Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$985 /month
Positive
Cash Flow Estimate:
$328 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
$620/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,482
$164,167
2025
$31,192
$132,975
$164,167
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,482
$164,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Mortgage Co
Purchase Money Mortgage
$92,000
No
First
Apr 20, 2007
May 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,559
$117,608
71%
28%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$620/mo
+$1,340/mo
14.3%

City: Houston

4040 San Felipe St Apt 247 | Property Details | No Agent List