$150,000
4040 San Felipe St Apt 142, Houston, TX, 77027
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Full Size, Washer, Dishwasher
FlooringLaminate, Tile
Exterior
Lot Size9.12 acres
Building Information
Year Built1956
Stories1
Land Information
APN1099620000011
SubdivisionRiver Oaks T/H Condo
Land UseResidential
Legal DescriptionUNIT 142 BLDG H .74 INT COMMON LAND & ELE RIVER OAKS T/H CONDO AMEND
Census Tract411200
Assessed Land Value$27,750
Assessed Improvement Value$118,303
Assessment Year2025
About this property
Did not flood! . Superior location in the complex. Inner loop living. 24 hour concierge service. Internet,water and sewer included in HOA. All appliances included. Zoned to River Oaks Elementary School , 2 pools and lush landscaping. One covered parking space and plenty of guest parking near the residence.
Investor Tools
$0Estimated Mortgage Balance
$146,053Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
$601/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,098
$146,053
2025
$27,750
$118,303
$146,053
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,098
$146,053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$146,053
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$601/mo
+$1,359/mo
16.1%
