$201,000
NAL Estimated Property Value4041 Law St Apt 612, Houston, TX, 77005
Off Market
Lease
Highlights
Interior
AppliancesMicrowave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
Exterior
Building Information
Year Built1984
Land Information
APN1240540000084
SubdivisionThe Oaks At West University
Land UseResidential
Legal DescriptionUNIT 612 .01242 INT COMMON LAND & ELE CONDO THE OAKS AT WEST UNIVERSITY
Census Tract411801
Assessed Land Value$33,092
Assessed Improvement Value$141,077
Assessment Year2025
About this property
Beautiful Condo in West University/Upper Kirby for lease. This 2 bed/1 bathroom apartment is on the 3rd floor with a split floor plan, open fully equipped kitchen with brand new stainless steel appliances, a large living room with a covered balcony/patio for enjoying the Houston weather. Comes with assigned covered parking space, gate access, onsite swimming pool, exercise room, and common grilling area. Condo is centrally located, minutes to the Galleria shopping mall, Medical Center, Rice University and major freeways. Water is included in rent.
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,644
$174,169
2025
$33,092
$141,077
$174,169
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,644
$174,169
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$145,280
No
First
Oct 27, 2023
Nov 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,456
$61,544
30%
69%
$872/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$872/mo
+$1,088/mo
11.7%
