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$287,000

5925 Almeda Rd Unit 11707, Houston, TX, 77004

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths800 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$306.25 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Oven
FlooringTile, Wood

Exterior

Exterior FeaturesDog Run, Outdoor Kitchen, Balcony

Building Information

Year Built2006

Land Information

APN1301020010185
SubdivisionMosaic Residential North Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 11707 .0020 INT COMMON LAND & ELE MOSAIC RESIDENTIAL NORTH CONDO 2ND AMEND
Census Tract312603
Assessed Land Value$54,246
Assessed Improvement Value$231,259
Assessment Year2025

About this property

Has Leasing Permit! Don’t miss this opportunity. Elegant, one-of-a-kind 1/1 in highly sought-after Mosaic at Hermann Park w/stunning panoramic Downtown skyline views. Impressive use of square footage. Unit offers a sophisticated, relaxing feeling w/real hardwood floors thruout & Calacatta tile work in the entry. Custom bookshelves surround a king-sized murphy bed by California Closets to maximize entertainment & living spaces. Huge walk-in closet w/stacked, front-loading washer/dryer. Marble countertops in kitchen & bath. New water heater 2016. Solar shades. Mosaic oversees Hermann Park, the Zoo, & the TX Med Center. Enjoy the 6000 sq ft gym & one acre pool deck that other buildings simply cannot compete with. Mosaic has 24 hr concierge, valet, & private shuttle to the Med Center. Walking distance to Hermann Golf Course & Park, Zoo, Med Center, Museums, & multiple restaurants. Unit is located in the rarely available tower of the Mosaic which is primarily owner-occupied condos.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$170,730Estimated Mortgage Balance
$131,387Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$627/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,093
$285,505
2025
$54,246
$231,259
$285,505
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,093
$285,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$170,730
No
First
Sep 28, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,613
$132,387
45%
54%
$1,024/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$1,484/mo
$-389/mo
4.6%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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