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Owner Contacts

$766,000

NAL Estimated Property Value

1005 S Shepherd Dr Apt 610, Houston, TX, 77019

Off Market

2 Beds

2 Bath

2,336 Sq Ft

$282.53 / sqft

Built in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer, Cooktop

FlooringTile, Wood

Exterior

Exterior FeaturesStorage, Dog Run, Balcony

Building Information

Year Built2000

Land Information

APN1207800000052

SubdivisionRenoir Condo

Land UseResidential

Legal DescriptionUNIT 610 .012195 INT COMMON LAND & ELE RENOIR CONDO

Census Tract410300

Assessed Land Value$130,665

Assessed Improvement Value$557,045

Assessment Year2025

About this property

RARE OPPORTUNITY to own a fully remodeled residence in this luxurious River Oaks building with one of the best sunset views in Houston. Experience the 17' ceilings with a wall of West-facing windows and you will understand why these units are so coveted. With OVER $150,000 IN UPDATES over the last few years, no detail was overlooked. In the kitchen, QUARTZ COUNTERS AND BACKSPLASH provide a contemporary and artistic backdrop to your STAINLESS STEEL APPLIANCES. The primary bathroom is TOTALLY REMODELED: enjoy a spa experience with a JAPANESE SOAKING TUB, and GLASS WALK-IN SHOWER against crisp white tile. Enjoy the ease of operating SMART HOME features from your phone. The architectural columns in this iconic building create a unique design feature that perfectly balance old-world sophistication with sleek modern living.

Investor Tools

$766,000

Estimated Property Value

$438,750Estimated Mortgage Balance

$327,250Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,596 /month

Positive

Cash Flow Estimate:

$1,532 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,175/month

$710/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,271

$687,710

2025

$130,665

$557,045

$687,710

Tax History

Year

Tax Paid

Assessed Value

2024

$10,271

$687,710

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gateway First Bank

Conventional

$526,500

First

Mar 12, 2018

Apr 2048

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$438,750

$288,250

39%

57%

$3,157/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$3,867/mo

$-1,287/mo

4.0%

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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