1Days on Market

7view

$129,900

4637 Wild Indigo Street #422, Houston, TX, 77027

On Market

Just Added

2 Beds

2 Bath

1,014 Sq Ft

Condos / Townhouses

$128.11 / sqft

Built in 1970

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesRefrigerator Included, Electric Oven, Electric Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer

FlooringLaminate, Tile

Building Information

Year Built1970

Stories1

Land Information

APN1142220280002

SubdivisionNew Castle At Town Plaza Ph 2

Land UseResidential

Legal DescriptionUNIT 482 BLDG 28 NEW CASTLE AT TOWN PLAZA PH 2

Census Tract411700

Assessed Land Value$26,607

Assessed Improvement Value$113,430

Assessment Year2025

About this property

Freshly painted GROUND FLOOR CONDO features new HVAC, 2 bedroom, 2 bath with one assigned covered parking space. Freshly painted, move-in ready, low maintenance living! Create a private oasis on the private fenced patio which is just steps from the sparkling pool. Ample closet space, tile and laminate floors, granite tile kitchen countertops, and all appliances including refrigerator, range, dishwasher, and stack washer/dryer. Monthly HOA dues include electric, water/sewer, rubbish, and basic cable. Ideally located just minutes from The Galleria, Highland Village, River Oaks, and Downtown this home offers quick access to premier shopping, dining, and events.

Investor Tools

$33,668Estimated Mortgage Balance

$106,369Estimated Equity

75% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$840 /month

Positive

Cash Flow Estimate:

$280 /month

Interested in this property?

Denise Mallon

Pam Westlake Realty Group

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$243/month

$654/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,219

$140,037

2025

$26,607

$113,430

$140,037

Tax History

Year

Tax Paid

Assessed Value

2020

$2,219

$140,037

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fast Loans

Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)

$75,000

First

Jan 27, 2006

Feb 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$33,668

$106,369

75%

24%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$654/mo

+$1,306/mo

16.8%

Learn About the Market: Opportunity in Houston

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 This Area