$407,159
NAL Estimated Property Value2207 Bancroft Street 504, Houston, TX, 77027
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Wood
Exterior
Exterior FeaturesOutdoor Kitchen, Balcony
Building Information
Year Built2010
Land Information
APN1323530000014
SubdivisionHighland Tower Condo 3rd Amend
Land UseResidential
Legal DescriptionUNIT 504 .0069 INT COMMON LAND & ELE HIGHLAND TOWER CONDO 9TH AMEND
Census Tract411302
Assessed Land Value$77,360
Assessed Improvement Value$329,799
Assessment Year2025
About this property
Look no further you have found that luxury gem in the heart of the Galleria that you have been looking for! This beauty has been well maintained and is waiting for you to come see it.
Investor Tools
$407,159
Estimated Property Value
$258,773Estimated Mortgage Balance
$148,386Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,443 /month
Positive
Cash Flow Estimate:
$814 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$891/month
$843/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,654
$407,159
2025
$77,360
$329,799
$407,159
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,654
$407,159
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Whitney Bank
Commercial
$275,742
No
First
Jan 5, 2023
Jan 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,773
$148,386
36%
64%
$1,654/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,497/mo
$-857/mo
4.8%
