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$498,000

NAL Estimated Property Value

5555 Del Monte Drive 1702, Houston, TX, 77056

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths2,160 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$196.3 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Range, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesStorage, Tennis Court(s), Balcony

Building Information

Year Built1975
Stories1

Land Information

APN1091790000002
SubdivisionThe St James Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 1702 .539 INT COMMON LAND & ELE THE ST JAMES CONDO 4TH AMEND
Census Tract431801
Assessed Land Value$81,414
Assessed Improvement Value$314,586
Assessment Year2025

About this property

This 17th floor, rare 1 bed plus a den/bedroom/office, 1.5 bathroom unit has sweeping skyline views from every window in the classic St. James. The expansive living room has a patio with a storm shutter. Plumbing can be added for a second full bath. The foyer has the original, beautiful parquet floors. The kitchen includes double ovens, a sizable pantry, full freezer, stacked washer/dryer, and plenty of storage space. The primary bedroom includes 2 large walk-in closets, 2 bay windows, and there is room for a sitting area. This full service building has 24 hr concierge and valet services, a party room with a warming kitchen, a library, fitness center, heated pool, tennis courts and even a pickle ball court. Four lovely suites are available for owner's guests. The unit includes two assigned parking spaces and a separate storage area. An on-site management office is open 5 days a week. Don’t miss this opportunity!

Investor Tools

Property Icon
$498,000
Estimated Property Value
$0Estimated Mortgage Balance
$498,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
$1,672/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,336
$396,000
2025
$81,414
$314,586
$396,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,336
$396,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
N/A
$191,800
No
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$498,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,672/mo
+$288/mo
4.7%

City: Houston

5555 Del Monte Drive 1702 | Property Details | No Agent List