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$643,775

1701 Hermann Drive 14B, Houston, TX, 77004

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,623 Sq Ft
price_per_sqft$396.66 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1983

Land Information

APN1155890140001
SubdivisionThe Parklane Condo 1st Amend
Land UseResidential
Legal DescriptionUNIT 14B FLR 14 .557099 INT COMMON LAND & ELE THE PARKLANE CONDO 4TH AMEND TO 2ND AMEND
Census Tract312601
Assessed Land Value$105,898
Assessed Improvement Value$451,461
Assessment Year2025

About this property

This corner unit features a spacious open layout, living, dining and sunroom illuminated with abundant natural light, from floor to ceiling curved windows, kitchen with granite, and abundant storage & prep space, 2 bedrooms, 2 baths, 3 balconies, 2 assigned parking spaces and private storage. Building amenities include 24-hour concierge, controlled access, modern lobby design, coffee bar & business lounge, fitness center & outdoor fitness experience, outdoor grills, pool, cabanas, tennis court, dog park, electric vehicle charging stations, transportation to the Texas Medical Center & Light Rail, easy access to Hermann Park with golf and running trails, Houston Zoo, Museum of Fine Arts Houston, and Miller Outdoor Theater. Ready for immediate move-in.

Investor Tools

$0Estimated Mortgage Balance
$835,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,010 /month
Positive
Cash Flow Estimate:
$1,670 /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
$869/month
$1,333/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,247
$557,359
2025
$105,898
$451,461
$557,359
No

Tax History

Year
Tax Paid
Assessed Value
2020
$6,247
$557,359

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$835,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,333/mo
$-26/mo
1.9%

City: Houston

1701 Hermann Drive 14B | Property Details | No Agent List