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B+
NoAgentList RatingHow are grades calculated? Info

$621,000

1600 Post Oak Blvd Unit 1507, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,691 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$354.23 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Trash Compactor, Microwave, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher

Exterior

Private PoolPrivate Pool

Building Information

Year Built2006

Land Information

APN1284530000056
SubdivisionCosmopolitan Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 1507 .0125 INT COMMON LAND & ELE COSMOPOLITAN CONDO 2ND AMEND
Census Tract431804
Assessed Land Value$133,523
Assessed Improvement Value$465,477
Assessment Year2025

About this property

READY FOR IMMEDIATE MOVE IN! 2 bdrm/2 full bath with large balcony. Miele appliances, convection oven, microwave with convection, wine refrigerator. Great master suite with large and lux bathroom and master closet. 2 parking spaces on 5th garage level. Building features 24hr Concierge, controlled access, 24hr party/event room, theater room, conference room, 7th Fl Sky Lobby with pool/spa and large outdoor deck. Great Galleria location within walking distance to Whole Foods, shopping and countless wonderful restaurants.

Investor Tools

Property Icon
$621,000
Estimated Property Value
$479,200Estimated Mortgage Balance
$153,855Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,726 /month
Positive
Cash Flow Estimate:
$1,242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,466/month
$1,294/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,482
$599,000
2025
$133,523
$465,477
$599,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,482
$599,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Conventional
$479,200
No
First
Dec 4, 2024
Jan 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$467,145
$160,855
25%
75%
$2,874/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$4,168/mo
$-2,208/mo
3.8%

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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1600 Post Oak Blvd Unit 1507 | Property Details | No Agent List