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$4,500

1711 Allen Pkwy Ste 1702, Houston, TX, 77019

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths912 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$4.93 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Convection Oven, Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Dishwasher
FlooringTile, Wood

Building Information

Year Built2020
Garage Spaces1

Land Information

APN1422240170002
Land UseResidential Condo
Legal DescriptionUNIT 1702 FLR 17 .0033 INT COMMON LAND & ELE THE ALLEN HOTEL AND RESIDENCES MASTER CONDO 2ND AMEND
Census Tract410102
Assessed Land Value$176,943
Assessed Improvement Value$754,334
Assessment Year2025

About this property

Enjoy the breathtaking views from a special one bedroom one and half bath residence. Allen is a landmark mixed-use development, The Residences at The Allen sits above a Thompson hotel, giving residents among its 35 stories access to all the world-class amenities only a hotel can offer, including room service, an elite spa, a scenic pool deck and cabanas with food & beverage service, plus conveniences exclusive to condo owners: a concierge, private lounge, amenities deck and indoor pool. The Allen also features 4 onsite restaurants, upscale retail shopping, and a state-of-the-art gym. All of this is in the city’s most prestigious River Oaks zip code, only seconds from downtown’s finest entertainment while being surrounded by the lush green of one Houston’s greatest treasures, neighboring Buffalo Bayou Park.

Investor Tools

$424,424Estimated Mortgage Balance
$509,698Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,588 /month
Positive
Cash Flow Estimate:
$1,863 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,056/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,013
$931,277
2025
$176,943
$754,334
$931,277
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,013
$931,277

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vista Point Mortgage Llc
Conventional
$444,600
No
First
Nov 20, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,424
$535,576
55%
46%
$2,666/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,666/mo
$-1,026/mo
2.1%

City: Houston

1711 Allen Pkwy Ste 1702 | Property Details | No Agent List