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$714,593

NAL Estimated Property Value

2207 Bancroft St Apt 506, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,343 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$550.26 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Electric Oven, Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Instant Hot Water, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesStorage, Outdoor Kitchen, Balcony

Building Information

Year Built2010

Land Information

APN1323530000016
SubdivisionHighland Tower Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 506 .0100 INT COMMON LAND & ELE HIGHLAND TOWER CONDO 9TH AMEND
Census Tract411302
Assessed Land Value$135,773
Assessed Improvement Value$578,820
Assessment Year2025

About this property

This gorgeous 2 bed/2 bath condo at the Highland Tower is the ONLY unit in the entire building with an outdoor terrace. The 270 sq ft space (not included in unit sq ft) has a gate with direct access to the building's outdoor amenities. The meticulously maintained unit is move in ready with 12 ft ceilings, 5" maple scraped floors (*18), beautiful marble countertops, top of the line appliances - refrigerator replaced (*19), floor to ceiling windows with motorized black out shades, sheers and curtains. The primary bath has a walk in tub, double sinks and a separate shower. The AC was replaced (*19). Building amenities include an infinity pool, hot tub, cabana, 2 gas fireplaces, TV, and grill and beautifully landscaped areas. Inside amenities include a gym, lounge, wine/dining room, and catering kitchen. There is valet parking and a 24-hr concierge, on-site management, 2 parking spaces and a climate controlled storage unit. The River Oaks Shopping District is steps away. (*per seller)

Investor Tools

Property Icon
$714,593
Estimated Property Value
$0Estimated Mortgage Balance
$714,593Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,434 /month
Positive
Cash Flow Estimate:
$1,478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,352/month
$1,337/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,654
$714,593
2025
$135,773
$578,820
$714,593
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,654
$714,593

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$714,593
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,337/mo
+$623/mo
3.3%

City: Houston

2207 Bancroft St Apt 506 | Property Details | No Agent List