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$274,000

NAL Estimated Property Value

1601 S Shepherd Drive 15, Houston, TX, 77019

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths2 Bath
Baths1,178 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.83 / sqft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile

Building Information

Year Built1978
Stories2

Land Information

APN1141710180006
SubdivisionRiver Oaks Gardens Condo 3rd Amend
Land UseResidential
Legal DescriptionTH 15 BLDG S .006346 INT COMMON LAND & ELE RIVER OAKS GARDENS CONDO 3RD AMEND
Census Tract410401
Assessed Land Value$51,294
Assessed Improvement Value$218,673
Assessment Year2025

About this property

**Freshly painted, quartz counters, updated flooring and more** Great 2-story condo with the perfect location. Walking distance to a variety of shopping, restaurants and entertainment. Large living room with plantation shutters & wood burning fireplace. Kitchen comes with stainless fridge and a nice sized pantry. Upstairs are two nice sized bedrooms with their own bathroom and great closet space. Laundry is located upstairs, washer/dryer included. Good sized patio off the dining area with a storage shed. Unit comes with two covered parking spaces just outside the patio. Basic cable and water are included. Pets on case by case basis, under 50 lbs.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,705
$269,967
2025
$51,294
$218,673
$269,967
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,705
$269,967

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$274,000
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
8.6%

Learn About the Market: Opportunity in Houston

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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.

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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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1601 S Shepherd Drive 15 | Property Details | No Agent List