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$237,270

NAL Estimated Property Value

4040 San Felipe Street 208, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,356 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$169.62 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringVinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1956
Stories1

Land Information

APN1099560000002
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 208 BLDG B 1.10 INT COMMON LAND & ELE RIVER OAKS T/H CONDO AMEND
Census Tract411200
Assessed Land Value$45,081
Assessed Improvement Value$192,189
Assessment Year2025

About this property

Beautifully refreshed. Move-in condition. 24 hour manned entry with concierge service to accept packages, dry cleaning, groceries, etc. Per your instructions, can issue a key to anyone you permit. Living room looks onto one of 2 community pools. This is a special unit with lots of great features. Two assigned covered parking spots, that lead directly to your 42' long patio! Double paned windows (except living room). Train is designated quiet zone. Vinyl plank flooring, new countertops and hardware. Room darkening cellular shades in both bedrooms and bonus room. Spacious in home laundry, full size. Alcove off primary bedroom with built in bookcases. Great home office, nursery, workout space - possibilities are endless. Close to almost everything DT, Med Center Galleria. I-10, 610, Hwy 69. Zoned to River Oaks Elementary. Room sizes are approx.

Investor Tools

Property Icon
$237,270
Estimated Property Value
$202,878Estimated Mortgage Balance
$34,392Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,424 /month
Positive
Cash Flow Estimate:
$475 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$509/month
$726/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,919
$237,270
2025
$45,081
$192,189
$237,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,919
$237,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$218,500
No
First
Jul 7, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,878
$34,392
14%
86%
$1,311/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,037/mo
$-77/mo
9.9%

City: Houston

4040 San Felipe Street 208 | Property Details | No Agent List