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$229,000

NAL Estimated Property Value

1400 Hermann Drive 16C, Houston, TX, 77004

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths932 Sq Ft
price_per_sqft$267.17 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Trash Compactor, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringMarble, Tile, Wood

Exterior

Exterior FeaturesStorage, Tennis Court(s)

Building Information

Year Built1957
Stories1

Land Information

APN1107220000003
Land UseResidential
Legal DescriptionUNIT 16C .0061 INT COMMON LAND & ELE 1400 HERMANN CONDO 20TH AMEND
Census Tract312601
Assessed Land Value$35,874
Assessed Improvement Value$152,937
Assessment Year2025

About this property

Jewel box residence on the sixteenth floor of revered 1400 Hermann has been elegantly designed & features dramatic views of downtown Houston. The efficient galley-style kitchen features lacquer cabinetry, Pietra Gray Marble countertops, antique mirror backsplash, honed Calacatta and Vulcan flooring in custom stripe design & is equipped with stainless-steel appliances. The bedroom is moody dark blue with complimentary velvet blackout drapes, Moroccan inspired millwork ceiling accented by antique chandelier & features a generously proportioned closet. Additional residence features include: in-unit stacked washer & dryer behind upholstered door, Circa Lighting fixtures, crystal doorknobs, Milas Lilac honed marble & custom vanity in bathroom, hardwood floors & exterior storage unit. Building amenities include concierge, valet parking, swimming pool, tennis court & entertaining room. Maintenance fee includes all utilities. Walk to Hermann Park, museums, Rice University & Medical Center.

Investor Tools

Property Icon
$229,000
Estimated Property Value
$0Estimated Mortgage Balance
$229,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
$1,028/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,451
$188,811
2025
$35,874
$152,937
$188,811
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,451
$188,811

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$229,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$1,028/mo
+$67/mo
5.7%

City: Houston

1400 Hermann Drive 16C | Property Details | No Agent List