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$865,000

5555 Del Monte Dr Unit 102, Houston, TX, 77056

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,910 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$297.25 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesStorage, Tennis Court(s), Balcony

Building Information

Year Built1975

Land Information

APN1091870000102
SubdivisionThe St James Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 102 .726 INT COMMON LAND & ELE THE ST JAMES CONDO 4TH AMEND
Census Tract431801
Assessed Land Value$102,288
Assessed Improvement Value$416,412
Assessment Year2025

About this property

This beautifully renovated 2/3 bed/3 bath unit at the St James is a rare opportunity. The wide-open foyer, rich oak floors, custom wallpaper and carefully chosen paint colors set the tone for this unique space. The main floor living area is the 2nd floor of the unit, and a staircase leads down to the 1st floor. BOTH floors have building elevator access. The kitchen has custom cabinets and leathered granite countertops and backsplash. The 1st floor has an oversized primary with a custom soji screen wall, a well-designed primary bath, another bedroom, storage room and laundry area. Both bedrooms open up to a serene, private garden. Two gorgeous chandeliers stay with the unit. The building hallways will be completely renovated by year end. The full-service building has 24 hr concierge and valet, a party room with a warming kitchen, library, gym, heated pool and tennis/pickle ball courts. There are 2 assigned covered parking places, a storage room, onsite management and 4 guest suites.

Investor Tools

$0Estimated Mortgage Balance
$734,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,190 /month
Positive
Cash Flow Estimate:
$1,730 /month

Interested in this property?

Judy Levin

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
$2,854/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,492
$518,700
2025
$102,288
$416,412
$518,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,492
$518,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$802,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,854/mo
$-274/mo
4.2%

City: Houston