$113,000
NAL Estimated Property Value4040 San Felipe St Apt 273, Houston, TX, 77027
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Vinyl
Exterior
Exterior FeaturesBalcony
Building Information
Year Built1956
Stories1
Land Information
APN1099680010002
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 273 BLDG O .30 INT COMMON LAND & ELE RIVER OAKS T/H CONDO AMEND
Census Tract411200
Assessed Land Value$17,282
Assessed Improvement Value$73,674
Assessment Year2025
About this property
This is the greatest area in Houston! it is surrounded by upscale food stores, world-class dining and shopping. Close to Memorial Park, freeways and even downtown. Designated quiet zone for the train. River Oaks area living at an economical price. Recent plantation shutters in living room and bedroom. Largest balcony space in River Oaks Townhome complex! 24/7 manned entry/concierge services. Room measurements are approx. Owner requires tenant to carry renter insurance. Owner is related to listing agent.
Investor Tools
$113,000
Estimated Property Value
$24,370Estimated Mortgage Balance
$88,630Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$678 /month
Positive
Cash Flow Estimate:
$226 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,929
$90,956
2025
$17,282
$73,674
$90,956
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,929
$90,956
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Bank Custodian
Unknown
$50,000
No
First
Oct 3, 2006
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,370
$89,630
78%
22%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
17.4%
