$650,000
1025 S Shepherd Drive, Houston, TX, 77019
On Market
Just Added
Property Lead Type:
High EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Washer/Dryer
Exterior
Lot Size43,239 sqft
Building Information
Year Built1998
Land Information
APN1195850000040
SubdivisionGotham Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 407 .02325 INT COMMON LAND & ELE GOTHAM CONDO 2ND AMEND
Census Tract410300
Assessed Land Value$167,744
Assessed Improvement Value$715,118
Assessment Year2025
About this property
Spacious 2-Bedroom Loft with Downtown Views in the River Oaks Area! This inviting loft features an open-concept kitchen and dining area, wood floors, two full baths, and granite countertops. The kitchen comes equipped with a refrigerator, and the unit also includes a washer and dryer. Ideally located near River Oaks Shopping Center, with restaurants, shopping, and entertainment just a short walk away.
Investor Tools
$0Estimated Mortgage Balance
$892,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,352 /month
Positive
Cash Flow Estimate:
$1,784 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,846/month
$900/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,695
$882,862
2025
$167,744
$715,118
$882,862
No
Tax History
Year
Tax Paid
Assessed Value
2024
$17,695
$882,862
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$892,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$900/mo
+$740/mo
2.2%
