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$665,658

NAL Estimated Property Value

1701 Hermann Dr # 26a, Houston, TX, 77004

$854,995 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,010 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$525.78 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
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), Outdoor Kitchen, Dog Run, Balcony

Building Information

Year Built1983

Land Information

APN1155890260001
SubdivisionThe Parklane Condo 1st Amend
Land UseResidential
Legal DescriptionUNIT 26AB FLR 26 .68951 INT COMMON LAND & ELE THE PARKLANE CONDO 4TH AMEND TO 2ND AMEND
Census Tract312601
Assessed Land Value$126,475
Assessed Improvement Value$539,183
Assessment Year2025

About this property

The Parklane offers the best in urban luxury within a stone's throw of Hermann Park, the Museum District and the Houston Medical Center. Extensively renovated, this luxury full service 35-story tower boasts world class amenities, unmatched views and finishes worthy of Architectural Digest, including German-built Eggersmann® cabinetry, Bosch® and Thermador® appliances, expansive windows, wide plank wood floors, spa-like bathrooms and so much more. This move in ready, luxurious two bedroom, two bathroom plus study features a thoughtful approach to modern design and attention to detail. The open concept layout features a designer kitchen island with panelized Thermador appliances, primary bathroom with floating cabinetry and backlit vanity mirrors, balcony access from each room, nine-foot ceilings, recessed LED lighting, neutral color palette, expansive windows affording tons of natural light and stunning views from the 26th floor.

Investor Tools

Property Icon
$665,658
Estimated Property Value
$0Estimated Mortgage Balance
$665,658Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$854,994
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,341 /month
Positive
Cash Flow Estimate:
$2,114 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
$1,810/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,809
$665,658
2025
$126,475
$539,183
$665,658
No

Tax History

Year
Tax Paid
Assessed Value
2020
$3,809
$665,658

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$665,658
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,810/mo
$-503/mo
2.4%

City: Houston

1701 Hermann Dr # 26a | Property Details | No Agent List