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$1,034,000

NAL Estimated Property Value

4115 Purdue St, Houston, TX, 77005

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,934 Sq Ft
price_per_sqft$325.49 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1992
Stories2
Garage Spaces2

Land Information

APN0552900000005
Lot Number5
SubdivisionCollege Court Place
Land UseResidential
Legal DescriptionLT 5 BLK 15 COLLEGE COURT PLACE
Census Tract411801
Assessed Land Value$600,000
Assessed Improvement Value$282,595
Assessment Year2025

About this property

The wait is over and it's finally here! If you have been looking for a two story, brick home for under a million, zoning in West University Elementary, that isn't a cottage or townhome, with a 5000sf lot, then 4115 Purdue is for you. Loved by the same owner since 2005, this home is finally hitting the market. The first thing you will notice when you walk in, is the natural light flooding into the home thanks to a wall of windows along the entire south side of the house. The spacious family room is a light filled, happy space. The kitchen connects to a formal dining and breakfast area, a setup ideal for easy meals and more formal occasions although the dining could be used as a playroom or piano room. A third formal room could be a study or living room. Three, generously sized bedrooms are upstairs. Huge primary bathroom! Plantation shutters throughout most the home compliment gorgeous first floor hardwoods. No flooding history. Buyer to verify schools, measurements.

Investor Tools

Property Icon
$1,034,000
Estimated Property Value
$1,005,634Estimated Mortgage Balance
$28,366Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,204 /month
Positive
Cash Flow Estimate:
$2,068 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,527/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,160
$882,595
2025
$600,000
$282,595
$882,595
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,160
$882,595

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$230,000
No
First
Mar 11, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,005,634
N/A
0%
97%
$6,157/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$6,157/mo
$-3,577/mo
3.0%

Learn About the Market: Opportunity in Houston

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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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4115 Purdue St | Property Details | No Agent List