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$2,195,000

2710 Steel St Apt 405, Houston, TX, 77098

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths2,692 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$815.38 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built2018

Land Information

APN1410010040005
Land UseResidential
Legal DescriptionUNIT 405 .0277 COMMON LAND & ELE GIORGETTI HOUSTON CONDO
Census Tract411001
Assessed Land Value$329,807
Assessed Improvement Value$1,406,021
Assessment Year2025

About this property

Residence 405 of Giorgetti Houston, a premier residence with one of Houston’s most sought-after addresses. Experience a refined lifestyle with boutique luxury, convenience and style. This home features a true designer's touch with wide-plank hardwoods, Italian crafted Rimadesio sliding doors into the study/den, custom built closets, automatic shades at every window and a Penthouse sized additional storage room. The expansive terrace is fully equipped with a summer kitchen, TV and entertainment along with electric translucent weather and mosquito shades with the highly desired; Oak Tree views and southern exposure. The chef’s kitchen offers a premium Gaggenau appliance package, sleek cabinetry, and a spacious island ideal for entertaining. Each bedroom has direct access to the terrace which extends the living space even further. Residents at Giorgetti enjoy 24-hour concierge, a fitness center, a sizeable dog park and hot/cold plunge pools. Come take a look for yourself.

Investor Tools

$1,274,805Estimated Mortgage Balance
$1,101,033Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,226 /month
Positive
Cash Flow Estimate:
$4,742 /month

Interested in this property?

Justin Dugat

Douglas Elliman Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,522/month
$2,363/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,410
$1,735,828
2025
$329,807
$1,406,021
$1,735,828
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30,410
$1,735,828

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Conventional
$1,396,000
No
First
Nov 10, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,274,805
$461,023
26%
54%
$8,370/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$10,733/mo
$-8,773/mo
1.0%

City: Houston