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$398,000

NAL Estimated Property Value

2207 Bancroft Street 402, Houston, TX, 77027

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths891 Sq Ft
price_per_sqft$392.7 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built2010

Land Information

APN1323530000007
SubdivisionHighland Tower Condominiums
Land UseResidential
Legal DescriptionUNIT 402 .0068 INT COMMON LAND & ELE HIGHLAND TOWER CONDO 9TH AMEND
Census Tract411302
Assessed Land Value$73,607
Assessed Improvement Value$313,798
Assessment Year2025

About this property

Fabulous 1 bedroom, 1.5 bath unit in prestigious Highland Tower, offering lock & leave lifestyle. Priced to sell! Opportunity to experience high-rise luxury living under $350K! High 11 foot ceiling,floor to ceiling windows w/ electronic shades. Gorgeous kitchen w/stainless Bosch appliances, gas cooktop, oversized island w/seating & wine fridge. Master bath w/double sinks,jetted tub, separate shower, large walk-in closet. Washer & dryer. Private covered balcony w/ treetop views. One reserved parking spot, plus a climate controlled storage unit. Incredible building amenities: 24/7 concierge, complimentary valet, well-equipped gym. 5th floor terrace features an award-winning swimming pool & spa, summer kitchen,putting green,lounge,wine/dining room + catering kitchen,greenspace. Close to the Galleria, Downtown, Med Center, major freeways. Extremely walkable location: just steps aways from popular shopping/dining at River Oaks District & Highland Village. Enjoy low maintenance urban living!

Investor Tools

Property Icon
$398,000
Estimated Property Value
$227,470Estimated Mortgage Balance
$170,530Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
$731/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,325
$387,405
2025
$73,607
$313,798
$387,405
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,325
$387,405

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$255,000
No
First
Oct 14, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,470
$170,530
42%
57%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,260/mo
$-620/mo
4.9%

City: Houston

2207 Bancroft Street 402 | Property Details | No Agent List