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$216,000

NAL Estimated Property Value

1601 S Shepherd Dr Apt 115, Houston, TX, 77019

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths798 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.82 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1978
Stories1
Garage Spaces1

Land Information

APN1141710170001
SubdivisionRiver Oaks Gardens Condo 3rd Amend
Land UseResidential
Legal DescriptionTH 115 BLDG R .004130 INT COMMON LAND & ELE RIVER OAKS GARDENS CONDO 3RD AMEND
Census Tract410401
Assessed Land Value$32,727
Assessed Improvement Value$139,519
Assessment Year2025

About this property

RIVER OAKS GARDENS!!! This is a MOVE IN READY, Convenient 1st floor corner unit with 2 assigned, covered parking spaces!!! Lush grounds with Park like setting with beautiful old Oak trees. Gated community vehicle and pedestrian access with 24/7 Courtesy Patrol, valet trash pick-up 3 days a week, water included in lease. Just steps away from River Oaks Shopping center, with great local restaurants. Easy access to Buffalo Bayou Hike and Bike Trail and Memorial Park. Covered, reserved parking. Beautiful community pool. This spacious one-bedroom condo has large living area, stainless appliances, private fenced patio, stacked washer and dryer. A must see in a great location!

Investor Tools

Property Icon
$216,000
Estimated Property Value
$0Estimated Mortgage Balance
$216,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,951
$172,246
2025
$32,727
$139,519
$172,246
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,951
$172,246

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$210,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
9.1%

City: Houston

1601 S Shepherd Dr Apt 115 | Property Details | No Agent List