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$660,000

5555 Del Monte Dr Unit 1705, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,780 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$215.47 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built1975
Stories1

Land Information

APN1091790000005
SubdivisionThe St James Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 1705 .694 INT COMMON LAND & ELE THE ST JAMES CONDO 4TH AMEND
Census Tract431801
Assessed Land Value$103,917
Assessed Improvement Value$443,015
Assessment Year2025

About this property

Updated condo in the highly desirable St. James with tasteful appointments throughout. Welcoming entryway with tray ceiling and tile flooring. Gracious living room features parquet flooring, fresh paint, and a balcony with sweeping northeastern views of the city. Kitchen with an abundance of customized storage, granite counter tops, and stainless steel appliances. Library/office space just off of the living room with a large window, built-ins, wet bar with wine fridge, and full bath. Massive primary bedroom features separate vanity and a large bathroom with dual sinks, soaking tub, and separate shower. Secondary bedroom with en suite. The building features 24 hour concierge with valet parking, fitness center, and tennis courts. There is a separate storage area for the unit along with two designated parking spaces.

Investor Tools

Property Icon
$660,000
Estimated Property Value
$530,000Estimated Mortgage Balance
$175,098Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,960 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$631/month
$2,065/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,267
$546,932
2025
$103,917
$443,015
$546,932
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,267
$546,932

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$530,000
No
First
Nov 15, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$484,902
$199,098
29%
73%
$3,178/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,243/mo
$-2,663/mo
4.7%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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5555 Del Monte Dr Unit 1705 | Property Details | No Agent List