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$392,000

NAL Estimated Property Value

5555 Del Monte Dr Unit 204, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,740 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$163.79 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Marble, Wood

Exterior

Exterior FeaturesStorage, Tennis Court(s), Balcony

Building Information

Year Built1975
Stories1

Land Information

APN1091640000004
SubdivisionThe St James Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 204 .434 INT COMMON LAND & ELE THE ST JAMES CONDO 4TH AMEND
Census Tract431801
Assessed Land Value$67,754
Assessed Improvement Value$202,246
Assessment Year2025

About this property

This two bedroom, two bathroom corner unit at the classic St James is priced to sell! The light filled space has an updated kitchen that has been opened up into the living area, and this is one of the few floor plans with a kitchen window. The gracious living area has a dedicated space for a dining room table and a wall with built in book cases. The spacious primary bedroom has two large bay windows with tree lined views, room for a sitting area and a bathroom with updated countertops and fixtures. The secondary bedroom has built in cabinets. Hardwood floors have been well maintained. The St. James is a full service building with 24 hour concierge and valet, a party room with a warming kitchen, library, fitness center, heated pool, pickle ball and tennis courts. Four updated guest suites are for owners guests. There are two assigned parking places, a storage room and onsite management five days a week. Don't miss this opportunity!

Investor Tools

Property Icon
$392,000
Estimated Property Value
$164,943Estimated Mortgage Balance
$227,057Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,352 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
$1,559/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,213
$270,000
2025
$67,754
$202,246
$270,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,213
$270,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$170,000
No
First
Sep 4, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,943
$294,057
64%
42%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,579/mo
$-619/mo
6.0%

City: Houston

5555 Del Monte Dr Unit 204 | Property Details | No Agent List