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$205,000

1601 S Shepherd Dr # 2, Houston, TX, 77019

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths847 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$242.03 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Exterior FeaturesBalcony, Storage, Courtyard
Lot Size8.54 acres

Building Information

Year Built1978
Stories1

Land Information

APN1141710170008
SubdivisionRiver Oaks Gardens Condo 3rd Amend
Land UseResidential
Legal DescriptionTH 218 BLDG R .004110 INT COMMON LAND & ELE RIVER OAKS GARDENS CONDO 3RD AMEND
Census Tract410401
Assessed Land Value$35,753
Assessed Improvement Value$152,423
Assessment Year2025

About this property

Beautiful 2-bedroom, 1.5-bath condo in the desirable River Oaks Gardens community, offering a peaceful garden setting in the heart of Houston. The functional floor plan provides comfortable living spaces, two bedrooms, and a convenient half bath for guests. Refrigerator, washer, and dryer are included. Enjoy beautifully landscaped grounds, mature trees, gated access, 24-hour security, covered parking, and a resort-style community pool. Ideally located just steps from River Oaks Shopping Center with an array of shopping, dining and entertainment options nearby. Convenient access to major highways makes commuting to Downtown, the Galleria, Memorial Park and surrounding areas easy. Enjoy the best of convenient inner-loop living in this established River Oaks community.

Investor Tools

$0Estimated Mortgage Balance
$210,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

Interested in this property?

Jimmy Franklin

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
$486/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,951
$188,176
2025
$35,753
$152,423
$188,176
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,951
$188,176

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$210,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$486/mo
+$1,154/mo
9.4%

City: Houston

1601 S Shepherd Dr # 2 | Property Details | No Agent List