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$595,000

204 Travis Street 4E, Houston, TX, 77002

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,868 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$318.52 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony/Terrace, Storage, Trash Pick Up, Storage Outside of Unit
Lot Size5,872 sqft

Building Information

Year Built1998

Land Information

APN1194590040004
SubdivisionHermann Lofts Condo Amend
Land UseResidential
Legal DescriptionUNIT 4E FLOOR 4 .0460 INT COMMON LAND & ELE HERMANN LOFTS CONDO AMEND
Census Tract980700
Assessed Land Value$106,362
Assessed Improvement Value$453,438
Assessment Year2025

About this property

This exceptional offering of a 2 Bedroom/2.5 Bathroom in the prestigious Hermann Lofts is a rare opportunity. Walls of windows through out the space allow for an abundance of natural light and extensive views of downtown buildings and murals. The second primary bedroom and bathroom was augmented to the space in 2017. Features include: Hardwoods throughout, original exposed brick accent walls, private balcony, motorized window treatments, extensive art and other lighting, ceiling fans, kitchen with Viking gas range, microwave, dishwasher, soft close drawers & cabinets and granite countertops. Refrigerator and Washer/Dryer are included in the sale. Located near the bike path in the beautiful historic district of downtown. This special high rise is within walking distance to the theater district and to many restaurants, lounges, clubs, and Market Square Park as well as a few blocks from UofH Downtown campus.

Investor Tools

$427,671Estimated Mortgage Balance
$191,329Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,714 /month
Positive
Cash Flow Estimate:
$1,238 /month

Interested in this property?

Anthony Bianchi

Anthony Bianchi, Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,096/month
$1,739/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,058
$559,800
2025
$106,362
$453,438
$559,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,058
$559,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$463,125
No
First
Apr 11, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$427,671
$191,329
30%
69%
$2,777/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$4,516/mo
$-2,686/mo
3.5%

City: Houston

204 Travis Street 4E | Property Details | No Agent List