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$535,400

1701 Hermann Dr # 24b, Houston, TX, 77004

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,212 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$441.75 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, 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), Balcony

Building Information

Year Built1983

Land Information

APN1155890240002
SubdivisionThe Parklane Condo 1st Amend
Land UseResidential
Legal DescriptionUNIT 24B FLR 24 .423072 INT COMMON LAND & ELE THE PARKLANE CONDO 4TH AMEND TO 2ND AMEND
Census Tract312601
Assessed Land Value$84,235
Assessed Improvement Value$359,105
Assessment Year2025

About this property

COMPLETELY RENOVATED. This 24th floor, corner 1 bedroom offers stunning views of the downtown skyline & the Texas Medical Center. Beautiful hardwood floors throughout the living areas and primary bedroom. Sleek Dekton countertops with Eggersmann cabinetry and Bosch Appliances. Pre-wired for home automation technology package. Steps from Hermann Park and the Museum District, and just minutes from the Texas Medical Center, Rice Village, Downtown and more--The Parklane offers stunning condominium homes with modern finishes and conveniences, sweeping park and city views, and urban Houston living at its finest. Homes are available for immediate move-in. Stop by today and see for yourself!

Investor Tools

$0Estimated Mortgage Balance
$530,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,212 /month
Positive
Cash Flow Estimate:
$1,071 /month

Interested in this property?

Jade Luney

Compass RE Texas, LLC - Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
$1,152/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,967
$443,340
2025
$84,235
$359,105
$443,340
No

Tax History

Year
Tax Paid
Assessed Value
2020
$4,967
$443,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$530,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$1,152/mo
$-57/mo
2.5%

City: Houston

1701 Hermann Dr # 24b | Property Details | No Agent List