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Owner Contacts

$633,000

NAL Estimated Property Value

4118 Childress St, Houston, TX, 77005

Off Market

2 Beds

3 Bath

1,976 Sq Ft

Condos / Townhouses

$227.73 / sqft

Built in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Lot Size2,901 sqft

Building Information

Year Built1983

Stories2

Garage Spaces2

Land Information

APN0552750000079

SubdivisionCollege Court Place

Land UseResidential

Legal DescriptionTR 79B BLK 1 COLLEGE COURT PLACE

Census Tract411801

Assessed Land Value$270,000

Assessed Improvement Value$186,600

Assessment Year2025

About this property

Fully updated townhouse zoned to West U Elementary. This amazing home has generous space to entertain both inside and out, thanks to not one but two patios. With 2 bedrooms plus a bonus room, this home has plenty of space for the family. Renovated and professionally designed, this home is sure to impress your friends and family. Some of the updates include, hvac, interior plumbing replaced, carpet, primary bath, paint throughout, all new hardware and fixtures, LED light fixtures throughout, new fans, custom window coverings and so much more. See full list in attachments section. No flooding and no damage from 2021 freeze, per seller. **NO HOA**

Investor Tools

$633,000

Estimated Property Value

$356,059Estimated Mortgage Balance

$276,941Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,798 /month

Positive

Cash Flow Estimate:

$1,266 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$788/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,296

$456,600

2025

$270,000

$186,600

$456,600

Tax History

Year

Tax Paid

Assessed Value

2024

$6,296

$456,600

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Waterstone Mortgage Corp

Conventional

$387,000

First

Feb 24, 2022

Mar 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$356,059

$213,941

37%

56%

$2,321/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$2,321/mo

$-361/mo

3.7%

Learn About the Market: Opportunity in Houston

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