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$855,000

5555 Del Monte Dr Unit 2203, Houston, TX, 77056

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,730 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$313.19 / 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, Double Oven, Electric Oven, Electric Cooktop, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Wood

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built1975
Stories1

Land Information

APN1091840000003
SubdivisionThe St James Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 2203 .681 INT COMMON LAND & ELE THE ST JAMES CONDO 4TH AMEND
Census Tract431801
Assessed Land Value$90,432
Assessed Improvement Value$385,525
Assessment Year2025

About this property

This 2730 sq ft floor plan is rarely available at The St James. The updated 2/3 bed/2.5 bath plus den is ready for move in! The wide foyer with coffered ceiling and classic parquet floors set the tone for the expansive, light filled living room with a balcony & storm shutter. The living area opens to the den - originally built as a third bedroom - which has a wet bar and beverage fridge. There are skyline city views from all windows. The kitchen has an abundance of storage, quartz counter tops, double ovens & laundry room. There is a pass through counter with seating open to the living room. The oversized primary has 3 walk-in closets, a bathroom w/ a tub, separate shower and a second balcony with a storm shutter. The full service building has updated the hallways and gym and has 24 hr concierge, valet, party room, library, heated pool, pickle ball and tennis courts. There are 4 guest suites, 2 parking spots, a storage unit and onsite management 5 days a week. Don't miss this one.

Investor Tools

$450,476Estimated Mortgage Balance
$178,084Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,130 /month
Positive
Cash Flow Estimate:
$1,710 /month

Interested in this property?

Rhine McNeill

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
$2,065/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,789
$475,957
2025
$90,432
$385,525
$475,957
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,789
$475,957

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sun West Mortgage Company Inc
Conventional
$500,000
No
First
Mar 16, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$450,476
$270,524
37%
72%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$5,063/mo
$-3,103/mo
3.8%

City: Houston