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$229,000

NAL Estimated Property Value

1601 S Shepherd Dr Apt 19, Houston, TX, 77019

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths850 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.06 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Washer/Dryer Stacked, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Building Information

Year Built1978
Stories2

Land Information

APN1141710140001
SubdivisionRiver Oaks Gardens Condo 3rd Amend
Land UseResidential
Legal DescriptionTH 19 BLDG O .003998 INT COMMON LAND & ELE RIVER OAKS GARDENS CONDO 3RD AMEND
Census Tract410401
Assessed Land Value$35,878
Assessed Improvement Value$152,952
Assessment Year2025

About this property

Welcome to 1601 S Shepherd Unit #19, a delightful 1-bedroom, 1 bathroom condo in the heart of Houston. This two-level unit features a spacious living area, breakfast room and kitchen all on the first floor. The kitchen is open with sleek granite countertops and stainless steel appliances. Stackable washer/dryer and refrigerator included. Upstairs, the generously sized bedroom includes an en-suite full bathroom. Enjoy your private patio, perfect for relaxing, and the included covered parking space. This corner unit was just painted with designer paint- Sohji white on the walls. Located in a vibrant neighborhood with easy access to amenities, dining, and entertainment, this charming condo is ready to be your new home. Trash pickup at the door included and access to comm. amenities.

Investor Tools

Property Icon
$229,000
Estimated Property Value
$55,892Estimated Mortgage Balance
$173,108Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,964
$188,830
2025
$35,878
$152,952
$188,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,964
$188,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lourdes R Bosquez
Unknown
$74,779
No
First
Oct 21, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,892
$163,108
74%
24%
$321/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$321/mo
+$1,319/mo
8.6%

City: Houston

1601 S Shepherd Dr Apt 19 | Property Details | No Agent List