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$433,000

NAL Estimated Property Value

1701 Hermann Dr # 21a, Houston, TX, 77004

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths798 Sq Ft
price_per_sqft$501.13 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesPlayground, Storage, Tennis Court(s), Dog Run, Balcony

Building Information

Year Built1983

Land Information

APN1155890210001
SubdivisionThe Parklane Condo 1st Amend
Land UseResidential
Legal DescriptionUNIT 21A FLR 21 .266438 INT COMMON LAND & ELE THE PARKLANE CONDO 4TH AMEND TO 2ND AMEND
Census Tract312601
Assessed Land Value$64,457
Assessed Improvement Value$274,790
Assessment Year2025

About this property

Welcome home to the best in urban luxury just a stone's throw from Hermann Park, the Museum District and the Houston Medical Center. This extensively renovated luxury high rise boasts world class amenities, finishes worthy of Architectural Digest and some of the most stunning views in all of Houston. With a touch of coastal ambiance and modern design, these residences have sleek European custom cabinetry, high end appliances, walls of windows, wide plank wood floors, spa-like bathrooms and so much more. Residence 21A features a modern layout with a full-size kitchen open to the main living area, ample primary bedroom with ensuite bathroom and walk-in closet. A bonus wall of glass spans the length of the living area and bedroom. For more inspiration, come view our furnished models, completed amenity deck, other quick move in homes (deliverable in 30 days or less) and view our gorgeous new lobby and fitness center

Investor Tools

Property Icon
$433,000
Estimated Property Value
$0Estimated Mortgage Balance
$433,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,598 /month
Positive
Cash Flow Estimate:
$866 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
$699/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,809
$339,247
2025
$64,457
$274,790
$339,247
No

Tax History

Year
Tax Paid
Assessed Value
2020
$3,809
$339,247

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$421,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$699/mo
+$396/mo
3.0%

City: Houston

1701 Hermann Dr # 21a | Property Details | No Agent List