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$362,593

NAL Estimated Property Value

2905 Sherman Street C, Houston, TX, 77003

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,845 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$173.17 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Refrigerator, Dishwasher
FlooringCarpet, Concrete, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,764 sqft

Building Information

Year Built2007
Garage Spaces1

Land Information

APN1292120010072
Lot Number72
SubdivisionCommerce Avenue T/H
Land UseResidential
Legal DescriptionLT 72 BLK 1 COMMERCE AVENUE T/H
Census Tract310101
Assessed Land Value$65,300
Assessed Improvement Value$297,293
Assessment Year2025

About this property

Contemporary Urban Townhome located within walking distance to many popular Houston attractions, downtown, and the up and coming East River Development. This well cared for home has a brand new Carrier HVAC system, see more details in the attachments, with a transferable 10 year warranty. Also in 2021 the seller replaced all the awnings and installed new double pane windows. Makes this unit much more energy efficient!! The interior to include the garage was also painted in July 2021. First floor features stained concrete floors, bedroom, full bath, office nook area and a patio area. Second floor has beautiful upgraded hardwood floors...modern kitchen open to huge living room with high ceilings and a balcony. On the third floor you will find a private primary suite with high ceilings, oversized bath area and walk in closet. Low Low HOA. Never flooded. Hurry....

Investor Tools

Property Icon
$362,593
Estimated Property Value
$273,787Estimated Mortgage Balance
$88,806Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,176 /month
Positive
Cash Flow Estimate:
$725 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
$49/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,080
$362,593
2025
$65,300
$297,293
$362,593
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,080
$362,593

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crystal Clear Mortgage Llc
Conventional
$299,250
No
First
Nov 5, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,787
$88,806
24%
76%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,844/mo
$-254/mo
5.3%

City: Houston

2905 Sherman Street C | Property Details | No Agent List