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$582,000

NAL Estimated Property Value

5555 Del Monte Dr Unit 605, Houston, TX, 77056

$655,414 ARVInfo
Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,780 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$221.22 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Exterior FeaturesStorage, Tennis Court(s), Balcony

Building Information

Year Built1975
Stories1

Land Information

APN1091680000005
SubdivisionThe St James Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 605 .694 INT COMMON LAND & ELE THE ST JAMES CONDO 4TH AMEND
Census Tract431801
Assessed Land Value$83,210
Assessed Improvement Value$354,737
Assessment Year2025

About this property

The St. James, one of Houston's first high rise buildings, has kept its charm through the years. One of the most popular and coveted floor plans, this 3 bed/3 bath has a wide foyer with beautiful parquet floors leading to an expansive living/dining room with a covered patio and storm shutter (just replaced per seller). The kitchen has granite countertops, ample storage and a laundry area with a full size washer/dryer. A third bedroom is currently being used as a study/office with a wet bar and mini fridge. The oversized primary suite has 2 walk-in closets, a vanity and a bathroom with a tub and separate shower. The hallway is lined with additional closets. Building hallways have just undergone a renovation. The full service building has a 24 hr concierge, valet, party room, library, gym, heated pool, pickle ball & tennis courts. 4 updated suites are available for guests. 2 covered parking places and a storage unit come with the unit. The onsite management office is open 5 days a week.

Investor Tools

Property Icon
$582,000
Estimated Property Value
$0Estimated Mortgage Balance
$582,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$655,414
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
$2,727/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,237
$437,947
2025
$83,210
$354,737
$437,947
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,237
$437,947

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$588,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,727/mo
$-147/mo
5.3%

City: Houston

5555 Del Monte Dr Unit 605 | Property Details | No Agent List