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$1,808,983

NAL Estimated Property Value

1111 Hermann Drive 28E, Houston, TX, 77004

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,880 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$451.39 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Electric Oven, Microwave, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage, Tennis Court(s), Balcony

Building Information

Year Built1983

Land Information

APN1155850320001
SubdivisionThe Warwick Towers Condo 26th Amend
Land UseResidential Condo
Legal DescriptionPENTHOUSE E UNIT 28E-1 .012937 INT COMMON LAND & ELE THE WARWICK TOWERS CONDO 29TH AMEND
Census Tract312601
Assessed Land Value$343,707
Assessed Improvement Value$1,465,276
Assessment Year2025

About this property

Warwick Tower is one of Houston's exclusive addresses. The building offers an extensive list of services and amenities such as tennis courts, pool, putting green, outdoor kitchens, party room, porter, and valet parking. Fabulous condo in the heart of the Museum District, where gorgeous buildings and landscaping abound. The property features a massive swimming pool, fully-equipped workout room, and an outdoor grilling area. This corner unit which offers some of the best views of the city, with ultimate privacy, consists of two en-suite bedrooms with sitting areas, study, two and a half baths. The kitchen is complete with updated appliances, induction cooktop, and lots of built-in storage. An open floor plan ties the living and dining rooms together. The height of luxury and comfort is found in 28E This prestigious building is also conveniently located near Museums, Hermann Park, The Houston Zoo, Miller Outdoor Theater, The Texas Medical Center, Rice University, and the Light-Rail.

Investor Tools

Property Icon
$1,808,983
Estimated Property Value
$0Estimated Mortgage Balance
$1,808,983Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,854 /month
Positive
Cash Flow Estimate:
$3,618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,586/month
$3,020/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,984
$1,808,983
2025
$343,707
$1,465,276
$1,808,983
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,984
$1,808,983

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,808,983
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$3,020/mo
$-1,713/mo
0.9%

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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1111 Hermann Drive 28E | Property Details | No Agent List