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$777,000

NAL Estimated Property Value

1701 Hermann Drive 30C, Houston, TX, 77004

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,623 Sq Ft
price_per_sqft$523.72 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringWood

Exterior

Exterior FeaturesStorage, Outdoor Kitchen, Dog Run, Balcony

Building Information

Year Built1983

Land Information

APN1155890300002
SubdivisionThe Parklane Condo 1st Amend
Land UseResidential
Legal DescriptionUNIT 30C FLR 30 .557099 INT COMMON LAND & ELE THE PARKLANE CONDO 4TH AMEND TO 2ND AMEND
Census Tract312601
Assessed Land Value$127,437
Assessed Improvement Value$543,284
Assessment Year2025

About this property

This luxury Houston condo at The Parklane on the 30th floor is a stunning blend of elegance & modern living. Located in Hermann Park, you will be close to everywhere you need to be like the medical center, downtown & the measum district. There are many highlights of this home including the kitchen featuring BOSCH appliances, Dekton stone counter tops & Eggersmann cabinetry, creating a sleek and timeless centerpiece for the open-concept living space. There are 2 spacious bedrooms with private balconies and 2 pristine spa like bathrooms. Step outside on the balconies or gaze through the expansive windows to take in breathtaking views of the city skyline and park. The Parklane has exclusive amenities including valet & assigned parking, a pool with cabanas, tennis court, garden, exercise room, storage space, outdoor grills & fireplace, dog run, 24/7 concierge and more! This condo makes a statement. Enjoy this elevated lifestyle!

Investor Tools

Property Icon
$777,000
Estimated Property Value
$0Estimated Mortgage Balance
$777,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,367/month
$1,462/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,524
$670,721
2025
$127,437
$543,284
$670,721
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,524
$670,721

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$777,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,462/mo
$-155/mo
2.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1701 Hermann Drive 30C | Property Details | No Agent List