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$477,000

NAL Estimated Property Value

5555 Del Monte Dr Unit 206, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,935 Sq Ft
price_per_sqft$232.04 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer, Oven
FlooringBamboo, Carpet, Tile

Exterior

Exterior FeaturesStorage, Tennis Court(s), Balcony

Building Information

Year Built1975
Stories1

Land Information

APN1091640000006
SubdivisionThe St James Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 206 .483 INT COMMON LAND & ELE THE ST JAMES CONDO 4TH AMEND
Census Tract431801
Assessed Land Value$65,098
Assessed Improvement Value$277,525
Assessment Year2025

About this property

The St. James, one of Houston's first residential high rise buildings, has kept its charm through the years. This updated 2 bedroom, 2 bath plan has beautiful bamboo floors, carpet in the bedrooms, a lovely kitchen open to the formal dining & living area & a tree lined/pool view. The kitchen has custom cabinets, stainless appliances, granite countertops & a spacious pantry. The sizable laundry room has a full size washer/dryer. The primary bedroom has a sitting area, 2 walk in closets, a beautifully updated bath with double sinks, vanity, shower & a separate toilet area. This full service building has 24 hour concierge & valet services, a party room w/ a warming kitchen, library, fitness center, heated pool, pickle ball & tennis courts. Four updated suites are available for owner's guests. Two assigned parking places are 720 and 721. There is a separate storage area for this unit in the sub basement. The onsite management office is open 5 days a week. Don't miss this opportunity!

Investor Tools

Property Icon
$477,000
Estimated Property Value
$0Estimated Mortgage Balance
$477,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,862 /month
Positive
Cash Flow Estimate:
$954 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
$1,497/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,954
$342,623
2025
$65,098
$277,525
$342,623
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,954
$342,623

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$480,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,497/mo
+$463/mo
4.9%

City: Houston

5555 Del Monte Dr Unit 206 | Property Details | No Agent List