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$213,000

NAL Estimated Property Value

1601 S Shepherd Drive S 213, Houston, TX, 77019

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths798 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$256.89 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee 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, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringWood

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1978
Stories1

Land Information

APN1141710170005
SubdivisionRiver Oaks Gardens Condo 3rd Amend
Land UseResidential
Legal DescriptionTH 215 BLDG R .004110 INT COMMON LAND & ELE RIVER OAKS GARDENS CONDO 3RD AMEND
Census Tract410401
Assessed Land Value$35,753
Assessed Improvement Value$152,423
Assessment Year2025

About this property

Beautiful updated one bedroom, one bath condo in the highly sought after gated community of River Oaks Gardens. Light and bright 2nd floor corner unit. Enjoy treehouse like views. Tranquil almost 8-acre property with lush grounds and gorgeous old Oak trees. Inviting private balcony. Spacious living room with wood burning fireplace, beautiful wood laminate floors with padding, granite countertops, brand new washer/dryer, and stove, disposal, and A/C compressor. Fabulous location within steps to great shopping and dining, and the historic River Oaks Theater. Assigned, covered parking. Valet trash pickup 3 days a week. 24/7 Courtesy Officers. Beautiful "resort style" pool. This really is a must see!

Investor Tools

Property Icon
$213,000
Estimated Property Value
$0Estimated Mortgage Balance
$213,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,278 /month
Positive
Cash Flow Estimate:
$426 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
$414/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,977
$188,176
2025
$35,753
$152,423
$188,176
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,977
$188,176

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Planters Bank Na
Unknown
$65,500
No
First
N/A
Feb 2017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$213,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$414/mo
+$1,226/mo
9.2%

City: Houston

1601 S Shepherd Drive S 213 | Property Details | No Agent List