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$266,000

NAL Estimated Property Value

1601 S Shepherd Dr Apt 179, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,020 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.25 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1978
Stories1

Land Information

APN1141710010015
SubdivisionRiver Oaks Gardens Condo 3rd Amend
Land UseResidential
Legal DescriptionTH 179 BLDG B .005454 INT COMMON LAND & ELE RIVER OAKS GARDENS CONDO 3RD AMEND
Census Tract410401
Assessed Land Value$47,353
Assessed Improvement Value$195,647
Assessment Year2025

About this property

Beautiful condo in the gated community of River Oaks Gardens, with 24/7 courtesy officers. Luxury 1st floor, corner unit, with swimming pool view. Completely updated. 2 Bedrooms, 2 Full Baths. Wood floors throughout, double insulated windows, washer/dryer in unit, wood burning fireplace, stainless steel appliances, granite countertops, microwave, dishwasher, and garbage disposal. Valet trash pickup 3 times weekly at the front door included. Private fenced patio. Highly sought after location, lush green landscaping with beautiful old Oak trees. Very quiet, and tranquil. Just steps away from River Oaks Shopping Center, River Oaks Theater, great restaurants and shopping.

Investor Tools

Property Icon
$266,000
Estimated Property Value
$0Estimated Mortgage Balance
$266,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$543/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,187
$243,000
2025
$47,353
$195,647
$243,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,187
$243,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$257,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
8.8%

City: Houston

1601 S Shepherd Dr Apt 179 | Property Details | No Agent List