Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$188,000

NAL Estimated Property Value

4040 San Felipe St Apt 261, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths930 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.51 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1956
Stories1

Land Information

APN1099650000008
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 261 BLDG K .74 INT COMMON LAND & ELE RIVER OAKS T/H CONDO AMEND
Census Tract411200
Assessed Land Value$27,750
Assessed Improvement Value$118,303
Assessment Year2025

About this property

Superior location in complex. Corner unit with 2 balconies and 2 full baths. Restored 1966 hardwood floors. Lots of natural light. 2nd floor location looks out onto River Oaks Mansions. 24 hr. concierge service. Tall trees with mature landscaping. Location convenient to Houston's dynamic inner loop activities. This home is ready for your own personal touches. All new top of the line appliances. Full size washer and dryer. Call your agent or me for a showing.

Investor Tools

Property Icon
$188,000
Estimated Property Value
$0Estimated Mortgage Balance
$188,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,098
$146,053
2025
$27,750
$118,303
$146,053
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,098
$146,053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$173,000
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
12.5%

City: Houston

4040 San Felipe St Apt 261 | Property Details | No Agent List