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$747,000

NAL Estimated Property Value

1025 S Shepherd Dr Unit 303, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,680 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$277.99 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Electric Oven, Microwave, Electric Cooktop, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Balcony

Building Information

Year Built1998

Land Information

APN1195850000025
SubdivisionGotham Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 303 .02325 INT COMMON LAND & ELE GOTHAM CONDO 2ND AMEND
Census Tract410300
Assessed Land Value$124,094
Assessed Improvement Value$525,906
Assessment Year2025

About this property

This modern loft style home features nice finishes and spectacular views of Houston! Fantastic views of downtown, medical center and the Galleria. The unit offers soaring ceilings, bleached hardwoods, and an open kitchen with beautiful granite countertops and stainless-steel appliances. The floor plan is very flexible. Large primary bedroom suite with new wood plank floors, featuring a large 19x7 walk-in closet and a spa-like bath. The second-floor den overlooks the living room and offers a great retreat or place to work from home! You can enjoy your morning coffee watching the sunrise over downtown from your oversized balcony. Bosch convection oven, induction cooktop, microwave and dishwasher. LG refrigerator. Perlite wine refrigerator. Building provides free WIFI. Two garage parking spaces. This home is steps away from the River Oaks Shopping Center and Regents Square where you'll enjoy easy access to some of Houston's best shops and restaurants.

Investor Tools

Property Icon
$747,000
Estimated Property Value
$240,084Estimated Mortgage Balance
$506,916Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,482 /month
Positive
Cash Flow Estimate:
$1,494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$953/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,699
$650,000
2025
$124,094
$525,906
$650,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,699
$650,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Arm (Adjustable Rate Mortgage)
$295,500
No
First
Oct 6, 2017
Nov 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,084
$489,916
67%
32%
$1,336/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,176/mo
$-536/mo
2.6%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1025 S Shepherd Dr Unit 303 | Property Details | No Agent List