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$495,400

NAL Estimated Property Value

204 Travis Street 7E, Houston, TX, 77002

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,494 Sq Ft
price_per_sqft$367.47 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built1998

Land Information

APN1194590070003
SubdivisionHermann Lofts Condo Amend
Land UseResidential
Legal DescriptionUNIT 7E FLOOR 7 .0368 INT COMMON LAND & ELE HERMANN LOFTS CONDO AMEND
Census Tract980700
Assessed Land Value$94,126
Assessed Improvement Value$401,274
Assessment Year2025

About this property

Extraordinary one-of-a-kind unit at one of Downtown’s most desirable historic buildings, Hermann Lofts, exhibits everything desired in urban living. Double corner unit has unparalleled panoramic skyline views and balcony overlooking Market Sq Park. Expansive 1 Bedroom with separate Study and 2 Full Baths was designed by a local architect to be visually stunning and functional. Meticulously crafted featuring premium luxury finishes, hardware & appliances, custom cabinetry and built-ins. Impressive architectural elements include exposed brick walls, cement ceiling & columns and solid oak hardwood floors. Small boutique building of only 24 units. 2 ground floor assigned parking spaces, abundant storage inside unit and storage cage in garage. HOA covers water, sewer, trash, gas cooking & internet. Walkable to Market Sq Park, Theater District, POST HTX, Buffalo Bayou Park hike & bike trails, Minute Maid Park, Discovery Green Park and all Downtown attractions. NO SHORT TERM RENTALS ALLOWED.

Investor Tools

Property Icon
$495,400
Estimated Property Value
$0Estimated Mortgage Balance
$495,400Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
$1,196/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,796
$495,400
2025
$94,126
$401,274
$495,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,796
$495,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$495,400
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$1,196/mo
+$634/mo
4.4%

Learn About the Market: Opportunity in Houston

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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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204 Travis Street 7E | Property Details | No Agent List