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$602,900

NAL Estimated Property Value

1025 S Shepherd Dr Unit 409, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,891 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.38 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1195850000042
SubdivisionGotham Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 409 .02325 INT COMMON LAND & ELE GOTHAM CONDO 2ND AMEND
Census Tract410300
Assessed Land Value$115,522
Assessed Improvement Value$487,378
Assessment Year2025

About this property

Rare: River Oaks Penthouse FOR LEASE! Fully Furnished with everything you need. This PRICE INCLUDES ALL UTILITES PAID! Come and see this Private and spectacular 2-bedroom/2-bathroom lofted residence, perfectly perched to lucidly view Houston’s most idyllic vicinity and city skylines, including daily sunsets and nightly radiance. Scores of natural light, with stunning floor to ceiling windows, a completely updated and superb island kitchen, and massive spa-like primary bathroom and huge walk-in closets. An amazing pool area and welcoming reception for guests and gatherings. Two assigned parking spaces (tandem) in a gated entrance garage. So very close to everything including the River Oaks Shopping Center, Buffalo Bayou Park and popular restaurants just steps away. Pictures can’t fully capture this inner-city gem; you must come to actually see it to experience its quiet and peaceful metropolitan ambiance. Check out the 3-D tour and schedule a tour today.

Investor Tools

Property Icon
$602,900
Estimated Property Value
$331,821Estimated Mortgage Balance
$271,079Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,617 /month
Positive
Cash Flow Estimate:
$1,206 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$978/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,720
$602,900
2025
$115,522
$487,378
$602,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,720
$602,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farmers Bank & Trust
Conventional
$368,300
No
First
Mar 30, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,821
$271,079
44%
55%
$2,209/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,209/mo
$-569/mo
3.3%

City: Houston

1025 S Shepherd Dr Unit 409 | Property Details | No Agent List