$164,167
NAL Estimated Property Value4040 San Felipe St Apt 247, Houston, TX, 77027
Off Market
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
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
$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
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%
