Street View

B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$530,000

NAL Estimated Property Value

1005 S Shepherd Dr Apt 418, Houston, TX, 77019

Off Market

1 Beds

2 Bath

1,802 Sq Ft

Condos / Townhouses

$285.79 / sqft

Built in 2000

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher, Instant Hot Water, Washer/Dryer

FlooringMarble, Tile, Wood

Exterior

Exterior FeaturesDog Run, Balcony

Building Information

Year Built2000

Land Information

APN1207800000040

SubdivisionRenoir Condominium

Land UseResidential

Legal DescriptionUNIT 418 .012195 INT COMMON LAND & ELE RENOIR CONDO

Census Tract410300

Assessed Land Value$77,368

Assessed Improvement Value$329,830

Assessment Year2025

About this property

Welcome to this beautifully updated condo in the desirable Renoir building, where industrial style blends European-inspired designs with modern luxury. This light-filled 1-bedroom, 1.5-bath home features a versatile loft space—perfect for a home office, guest area, or creative studio. The kitchen and bathrooms have been thoughtfully updated with bright, stylish finishes, and a large architectural window floods the space with natural light, enhancing the open, airy layout. Enjoy access to top-notch community amenities including a sparkling pool, dog park, and two dedicated parking spaces. Ideally located just steps from the scenic Buffalo Bayou Park and nearby Memorial Park, you’ll enjoy easy access to hike and bike trails, dog parks, and picnic areas—with shopping and dining just a short walk away.

Investor Tools

$530,000

Estimated Property Value

$399,659Estimated Mortgage Balance

$130,341Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,180 /month

Positive

Cash Flow Estimate:

$1,060 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$917/month

$1,000/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,349

$407,198

2025

$77,368

$329,830

$407,198

Yes (2023)

Tax History

Year

Tax Paid

Assessed Value

2024

$8,349

$407,198

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amerisave Mortgage Corp

Conventional

$400,815

First

Mar 18, 2026

Apr 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$399,659

$110,341

21%

75%

$2,404/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$3,404/mo

$-1,444/mo

4.4%

Learn About the Market: Opportunity in Houston

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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.

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