$128,802
NAL Estimated Property Value4040 San Felipe Street 122, Houston, TX, 77027
Off Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile
Building Information
Year Built1956
Stories1
Land Information
APN1099590000006
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 122 BLDG E .55 INT COMMON LAND & ELE RIVER OAKS T/H CONDO AMEND
Census Tract411200
Assessed Land Value$24,472
Assessed Improvement Value$104,330
Assessment Year2025
About this property
In the heart of River Oaks area. Adjacent to Uptown, Houston's premier shopping district, and bordering acclaimed River Oaks- this location truly offers so much. This cozy condo is a downstairs unit. Monthly maintenance includes water/sewer and gas.. Assigned car port parking located off the back patio for easy access. Manned guard gated community 24/7
Investor Tools
$128,802
Estimated Property Value
$0Estimated Mortgage Balance
$128,802Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$773 /month
Positive
Cash Flow Estimate:
$258 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
$450/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,732
$128,802
2025
$24,472
$104,330
$128,802
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,732
$128,802
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$128,802
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$450/mo
+$1,190/mo
15.3%
