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$164,167

NAL Estimated Property Value

4040 San Felipe Street 275, Houston, TX, 77027

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,068 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 1956

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dryer, Washer, Dishwasher, Refrigerator
FlooringLaminate, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1956
Stories1

Land Information

APN1099680010006
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 275 BLDG O .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

Beautifully appointed 2 BD/1.1 BA in the River Oaks Condominiums. Gracious open living room provides excellent flow to the dining room, breakfast bar and kitchen. The kitchen features stainless steel appliances, granite countertops, breakfast bar seating and pantry storage. Through the dining area and kitchen, French doors open to provide access to the outdoor private patio. Beautifully appointed powder room can also be found down the hall. Primary suite is spacious with neutral walls and anchored by hardwood floors and provided with dual walk-in closets. Primary bath has walk-in shower with whirlpool tub. The in unit utility room is equipped with full size washer and dryer. Enjoy days at the pool just outside your unit! Wonderful Inner Loop location centrally located to dining, restaurants and entertainment.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
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
Member Home Loan
Conventional
$125,826
No
First
May 13, 2010
Jun 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,179
$86,988
52%
47%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
14.3%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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4040 San Felipe Street 275 | Property Details | No Agent List