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$575,000

901 Kipling St, Houston, TX, 77006

$747,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths3,496 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.47 / sqft
Year BuiltBuilt in 1919

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
AppliancesDisposal, Ice Maker, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size7,802 sqft

Building Information

Year Built1919
Stories2

Land Information

APN0261560000015
SubdivisionMontrose
Land UseResidential
Legal DescriptionTRS 1A & 2A BLK 30 MONTROSE
Census Tract410703
Assessed Land Value$512,000
Assessed Improvement Value$518,347
Assessment Year2025

About this property

Step back in time to 1919 and discover this Montrose property that truly defines the word "potential." A rare opportunity to own a piece of history and personally craft its next chapter. Spanning a generous 4,143 square feet according to a recent appraisal. The possibilities here are as vast as it's sq ftg. In addition, the property features an additional 1,010 sq ft of versatile space. Formerly utilized as a hair salon, this wing is a blank canvas waiting for your vision—whether you choose to integrate it into the primary residence for an expansive layout or transform it into a completely separate apartment for guests or rental income. If you’ve been searching for a project where you can preserve the charm of the past while designing a custom interior that fits your modern lifestyle, this is the one. Bring your architect, your imagination, and your passion for restoration to this unique 1919 property that is part of the Audubon Place Historic District.

Investor Tools

$473,153Estimated Mortgage Balance
$655,847Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$747,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,774 /month
Positive
Cash Flow Estimate:
$2,258 /month

Interested in this property?

Terry Coddington

Coldwell Banker Realty - Heights

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,649/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,144
$1,030,347
2025
$512,000
$518,347
$1,030,347
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,144
$1,030,347

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Argent Mortgage Co Llc
Unknown
$373,500
No
First
Feb 23, 2005
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$473,153
$655,847
58%
42%
$6,566/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$6,566/mo
$-3,986/mo
2.7%

City: Houston

901 Kipling St | Property Details | No Agent List