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$199,000

NAL Estimated Property Value

1400 Hermann Drive 10F, Houston, TX, 77004

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,057 Sq Ft
price_per_sqft$207.19 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesStorage, Tennis Court(s)

Building Information

Year Built1957
Stories1

Land Information

APN1107170000006
Land UseResidential
Legal DescriptionUNIT 10F .0069 INT COMMON LAND & ELE 1400 HERMANN CONDO 20TH AMEND
Census Tract312601
Assessed Land Value$34,444
Assessed Improvement Value$146,839
Assessment Year2025

About this property

EXPERIENCE SKY-HIGH URBAN LIVING SURROUNDED BY HOUSTON'S VIBRANT MUSEUM DISTRICT! Located on the 10th floor, this spacious 1 bd, 1 bath is flooded w abundant natural light & showcases panoramic skyline views from nearly every window. Pristine & ready for your personal style, this condo offers a variety of recent updates & finishes including light fixtures & hardware. Large living room w Parquet hardwood flrs. Kitchen w stainless steel appliances & granite countertops. Updated bath w sliding glass door, granite counters, mirror, & new commode. Ample closet & storage space. In-unit laundry. Full-service building offering amenities such as 24-hour controlled entry, valet service, pool, tennis court & mixed-use common areas. All utilities are conveniently included in the HOA fee (+cable & internet). Easy access to Dwntwn, Upper Kirby, most Houston freeways & inner loop locations as well as the city’s most vibrant cultural hotspots including endless dining, shopping & entertainment options…

Investor Tools

Property Icon
$199,000
Estimated Property Value
$0Estimated Mortgage Balance
$199,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
$1,443/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,558
$181,283
2025
$34,444
$146,839
$181,283
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,558
$181,283

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$199,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$1,443/mo
$-348/mo
6.6%

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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1400 Hermann Drive 10F | Property Details | No Agent List