Last 24 Hours
$238,000
4020 Blue Bonnet Boulevard, Houston, TX, 77025
On Market
Just Added
2 Beds
1 Bath
936 Sq Ft
Condos / Townhouses
$254.27 / sqft
Built in 1950Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Heating Central
CoolingAppliancesRefrigerator Included, Gas Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile, Wood
Exterior
Lot Size1.36 acres
Building Information
Year Built1950
Stories2
Land Information
APN1121750000003
SubdivisionBluebonnet T/H Condo
Land UseResidential Condo
Legal DescriptionUNIT A3 BLDG A .05783 INT COMMON LAND & ELE BLUEBONNET T/H CONDO
Census Tract413000
Assessed Land Value$26,677
Assessed Improvement Value$113,730
Assessment Year2025
About this property
Updated 2 bed, 1 bath condo in one of Houston's most desirable neighborhoods. Unit A in this gated Ayrshire community faces Bluebonnet Blvd with pool views. Updates include new windows, a remodeled bathroom and kitchen, and a new tankless water heater. Washer/dryer and refrigerator included. Hardwood floors throughout and a private patio/deck with new fencing. Secure parking with controlled entry. Easy access to highways, the Med Center, and Downtown. Zoned to Mark Twain Elementary, Pershing Middle, and Bellaire High School. Water and premise maintenance (pool, yard) are included in HOA.
Investor Tools
$18,734Estimated Mortgage Balance
$167,266Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
$495/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,149
$140,407
2025
$26,677
$113,730
$140,407
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,149
$140,407
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midfirst Bank
Unknown
$40,000
No
First
Sep 1, 2006
Sep 2021
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,734
$167,266
89%
10%
$240/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$735/mo
+$955/mo
10.9%
12.4%