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B+
NoAgentList RatingHow are grades calculated?Info

$260,016

NAL Estimated Property Value

4225 Purdue Street 1A, Houston, TX, 77005

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths864 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$231.37 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1984

Land Information

APN1161870020004
Land UseResidential Condo
Legal DescriptionUNIT 7 BLDG B 7.92 INT COMMON LAND & ELE PURDUE COURT T/H CONDO AMENDED
Census Tract411801
Assessed Land Value$49,403
Assessed Improvement Value$210,613
Assessment Year2025

About this property

Location is everything! Your new home is located in the "chimney" north of West University. This cute condo is situated inside the loop, a short distance from the Galleria, Texas Medical Center, Greenway Plaza and downtown. There is easy access to 59 and I-610. Walk-able to grocery, shopping, and restaurants! The primary bedroom is located downstairs and the living/dining/kitchen and guest bath are on the second level. There are hardwood floors upstairs and recently installed laminate in the primary bedroom. Laundry is located near the bedroom on the 1st floor. The kitchen features beautiful Soapstone counters, stainless steel appliances, garden window, and abundant storage. Enjoy the wood burning fire place. Custom wood window coverings slide and can cover the sliding glass doors. The second story has the feel of being in a tree house with all of the mature greenery surrounding the condo. One reserved parking space is right at your front door! Make this your new home today!

Investor Tools

Property Icon
$260,016
Estimated Property Value
$21,013Estimated Mortgage Balance
$239,003Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
$229/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,492
$260,016
2025
$49,403
$210,613
$260,016
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,492
$260,016

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$181,450
No
First
Mar 30, 2012
Apr 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,013
$239,003
91%
8%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$229/mo
+$1,731/mo
9.0%

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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4225 Purdue Street 1A | Property Details | No Agent List