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$270,000

5925 Almeda Road 11616, Houston, TX, 77004

PendingInfo
Beds1 Beds
Baths1 Bath
Baths690 Sq Ft
price_per_sqft$391.3 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Exterior FeaturesExercise Room

Building Information

Year Built2006

Land Information

APN1301020010176
SubdivisionMosaic Residential North Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 11616 .0017 INT COMMON LAND & ELE MOSAIC RESIDENTIAL NORTH CONDO 2ND AMEND
Census Tract312603
Assessed Land Value$52,550
Assessed Improvement Value$224,030
Assessment Year2025

About this property

Enjoy breathtaking views from this totally renovated 16th-floor condo, perfectly situated near the world-renowned Texas Medical Center, the vibrant Houston Museum District, and the beautiful Hermann Park. Renovated thoughtfully from top to bottom, this stunning residence blends modern finishes with comfort and style, offering a truly move-in-ready experience. Residents enjoy access to exceptional amenities, including a full-service wellness center with fitness classes, steam room, and sauna, as well as a coffee bar and conference rooms. The building also features a spacious lobby with 24-hour concierge and valet service, resort-style pools, and convenient shuttle service to and from the Med Center. This condo includes one reserved parking space for added convenience.

Investor Tools

$116,894Estimated Mortgage Balance
$165,106Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,541
$276,580
2025
$52,550
$224,030
$276,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,541
$276,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$130,000
No
First
Apr 28, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,894
$165,106
58%
41%
$780/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$1,230/mo
$-135/mo
4.7%

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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5925 Almeda Road 11616 | Property Details | No Agent List