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Owner Contacts

$624,000

NAL Estimated Property Value

2805 Delano St, Houston, TX, 77004

Off Market

3 Beds

4 Bath

2,340 Sq Ft

$269.23 / sqft

Built in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dishwasher, Instant Hot Water, Dryer, Refrigerator, Washer

FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen

Lot Size1,376 sqft

Building Information

Year Built2024

Garage Spaces2

Land Information

APN0190440000065

SubdivisionCrow - Settegast

Land UseResidential Single Family

Legal DescriptionTR 34 CROW - SETTEGAST

Census Tract312300

Assessed Land Value$78,045

Assessed Improvement Value$373,840

Assessment Year2025

About this property

Welcome to Delano Terraces, an exceptional new 4 home community in the heart of Houston. These modern 4 story residences redefine urban living with their blend of contemporary design, opulent finishes and unmatched rooftop views of Downtown Houston. Boasting 3 thoughtfully designed bedrooms, 3.5 resort-like bathrooms. These 4 story homes offer a host of high-end amenities and technologies. Promising an elevated lifestyle for the discerning buyer. You’ve got to see this rooftop terrace - offering breathtaking skyline views of Downtown with a flex space to enjoy a cup of coffee in the morning. The 1st floor offers an income opportunity with a self-contained guest suite, complete with its own washer/dryer and kitchenette. This is a unique opportunity for income generation, making them the perfect choice for homeowners, savvy investors, and Airbnb enthusiasts alike. Ready for your upgrade selections!

Investor Tools

$624,000

Estimated Property Value

$307,067Estimated Mortgage Balance

$316,933Estimated Equity

50% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,780 /month

Positive

Cash Flow Estimate:

$1,260 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$396/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,633

$451,885

2025

$78,045

$373,840

$451,885

Tax History

Year

Tax Paid

Assessed Value

2024

$1,633

$451,885

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Tht Blessings Inc Solo 401 K Roth

Building Or Construction Loan

$318,000

First

Jul 19, 2024

Jul 2025

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$307,067

$316,933

50%

49%

$1,907/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,907/mo

$-185/mo

3.3%

Learn About the Market: Opportunity in Houston

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