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$653,000

NAL Estimated Property Value

5555 Del Monte Dr Unit 405, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,780 Sq Ft
price_per_sqft$188.85 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built1975
Stories1

Land Information

APN1091660000005
SubdivisionThe St James Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 405 .694 INT COMMON LAND & ELE THE ST JAMES CONDO 4TH AMEND
Census Tract431801
Assessed Land Value$86,402
Assessed Improvement Value$368,343
Assessment Year2025

About this property

Wonderful unit in the St. James with fabulous tree level views. This is a great opportunity for the popular Essex floorplan. This one has been modified to use the 3rd bedroom as a study/library opening into the living room and complete with built-in bookcases and a wet bar . The spacious entry leads into the large living room, dining room open to the lovely brick patio. There is parquet flooring throughout the living areas and carpet (2020) throughout the bedroom wing. The kitchen has double ovens and tons of cabinets as does the utility room. The primary bedroom has a sitting area and the bath is complete with double sinks, tub and shower. The second bedroom is ensuite and like the rest has great windows and natural light. The space is amazing and the storage is incredible. This plan lends itself to easy living and elegant entertaining. This is a full service building with 24/7 concierge and valet service, There is a pool, fitness center, party room , library and guest rooms.

Investor Tools

Property Icon
$653,000
Estimated Property Value
$0Estimated Mortgage Balance
$653,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,918 /month
Positive
Cash Flow Estimate:
$1,306 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
$2,103/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,606
$454,745
2025
$86,402
$368,343
$454,745
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,606
$454,745

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$691,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,103/mo
+$477/mo
4.7%

City: Houston

5555 Del Monte Dr Unit 405 | Property Details | No Agent List