Street View

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$220,000

2205 Mckinney St Apt 415, Houston, TX, 77003

Off Market

1 Beds

1 Bath

1,097 Sq Ft

Condos / Townhouses

$1.32 / sqft

Built in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

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

FlooringConcrete

Exterior

Exterior FeaturesPlayground, Balcony

Building Information

Year Built1929

Garage Spaces1

Land Information

APN1291930000031

SubdivisionHerrin Lofts Condo

Land UseResidential

Legal DescriptionUNIT 415 .0231 INT COMMON LAND & ELE HERRIN LOFTS CONDO

Census Tract310101

Assessed Land Value$38,934

Assessed Improvement Value$165,980

Assessment Year2025

About this property

Historic Herrin Lofts is located in the heart of Downtown/Eado with easy walking access to many restaurants, BBVA Stadium, Toyota Center, Minute Maid Park and more! This beautiful 1 bedroom, 1 bath features stained concrete floors, terrace providing stunning city views, track lighting, granite counter tops and plenty of cabinet space. Spacious primary suite and bathroom. Assigned parking takes away the stress of fighting for a spot close to your home. The area is so vibrant, walk-able, constantly growing! This home also features additional storage space. The building features an exercise room, terrace, jogging track, and other nice features. Don't miss out on this amazing loft!

Investor Tools

$220,000

Estimated Property Value

$170,055Estimated Mortgage Balance

$97,062Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,320 /month

Positive

Cash Flow Estimate:

$440 /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

$497/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,864

$204,914

2025

$38,934

$165,980

$204,914

Tax History

Year

Tax Paid

Assessed Value

2024

$4,864

$204,914

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Chase Bank Usa Na

Unknown

$170,055

First

Aug 2, 2007

Aug 2037

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$122,938

$99,062

44%

56%

$1,556/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,330/mo

$1,556/mo

$-226/mo

7.3%

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