1view

Owner Contacts

$263,000

NAL Estimated Property Value

204 Travis Street 2B, Houston, TX, 77002

Off Market

1 Beds

1 Bath

780 Sq Ft

Condos / Townhouses

$344.87 / sqft

Built in 1998

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1998

Land Information

APN1194590020002

SubdivisionHermann Lofts Condo Amend

Land UseResidential

Legal DescriptionUNIT 2B FLOOR 2 .0192 INT COMMON LAND & ELE HERMANN LOFTS CONDO AMEND

Census Tract980700

Assessed Land Value$40,715

Assessed Improvement Value$173,577

Assessment Year2025

About this property

Rare 1/1 loft with MASSIVE 38'X11'* BALCONY AND SPECTACULAR DOWNTOWN SKYLINE VIEWS at one of Downtown's most desirable historic buildings, Hermann Lofts. Glass balcony doors & windows fill the home with natural light & seamlessly extends the living spaces to the outdoors. Open LR/DR/Kitchen, true separate Bedroom, large Bath with separate tub and shower. Architectural elements include exposed brick walls, cement columns and 11'* exposed cement ceilings. Solid oak hardwood floors newly refinished and fresh interior paint (both January 2025!). Small boutique building of only 24 units. HOA covers water, sewer, trash, gas cooking & internet! 1 assigned garage parking space & storage cage in garage included. Walkable to Market Sq Park, Theater District, POST HTX, Buffalo Bayou Park hike & bike trails, Daikin Park stadium, Discovery Green Park and ALL Downtown attractions. UNIT SOLD AS-IS!!! BUILDING DOES NOT ALLOW SHORT TERM AIRBNB TYPE RENTALS! *BUYER TO VERIFY ALL DIMENSIONS!

Investor Tools

$263,000

Estimated Property Value

$211,389Estimated Mortgage Balance

$51,611Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,614 /month

Positive

Cash Flow Estimate:

$538 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$435/month

$752/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,903

$214,292

2025

$40,715

$173,577

$214,292

Tax History

Year

Tax Paid

Assessed Value

2024

$3,903

$214,292

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wagon Hill Home Loans Llc

Conventional

$212,000

First

Mar 4, 2026

Apr 2041

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$211,389

$51,611

19%

80%

$1,272/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,530/mo

$2,024/mo

$-494/mo

7.0%

Learn About the Market: Opportunity in Houston

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 This Area