$499,900
1701 Hermann Dr # 17d, Houston, TX, 77004
On Market
Property Lead Type:
BankruptcyAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Refrigerator Included, Convection Oven, Electric Oven, Oven, Microwave, Electric Cooktop, Dryer, Full Size, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Engineered Wood, Tile
Exterior
Exterior FeaturesBalcony/Terrace, Exercise Room, Playground, Storage, Tennis Court(s), Trash Chute, Outdoor Kitchen, Dog Run
Building Information
Year Built1983
Land Information
APN1155890170004
SubdivisionThe Parklane Condo 1st Amend
Land UseResidential
Legal DescriptionUNIT 17D FLR 17 .397236 INT COMMON LAND & ELE THE PARKLANE CONDO 4TH AMEND TO 2ND AMEND
Census Tract312601
Assessed Land Value$81,805
Assessed Improvement Value$348,746
Assessment Year2025
Investor Tools
$0Estimated Mortgage Balance
$495,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
$1,082/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,861
$430,551
2025
$81,805
$348,746
$430,551
No
Tax History
Year
Tax Paid
Assessed Value
2020
$4,861
$430,551
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$568,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$1,082/mo
+$13/mo
2.7%
