Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$2,395,000

For Sale - Active
1100 Uptown Park Blvd Unit 184, Houston, TX 77056
2 Beds
0 Baths
4,848 Square Feet
0.00 Acres Lot
Built in 2003
For Sale - Active
Units n/a
Checked: 10 hours ago
Updated: May 27, 2025 at 05:12AM

Investment Summary


Monthly Cash Flow
-$15,076
Cap Rate
-1.9%
Cash-on-Cash Return
-32.8%
Debt Coverage Ratio
-0.33
Internal Rate of Return (5 years)
-27.6%

Property Description


0.00 Acres Lot
Built in 2003
For Sale - Active
Units n/a

Discover luxury living from the 18th floor in this stunning 2 bedroom, 3 1/2 bath in the desired Montebello, one of the city’s most sought after high-rises. This half floor unit offers 4,848+/- sqft of living space that was designed by the renowned Bob Denning. This rarely-seen lavish style embraces you as you enter the foyer. The centrally located island kitchen with marble counters is perfect for entertaining. The kitchen opens to the breakfast room, which is flanked by the formal dining room and one of the two living rooms, all with western views through the floor-to-ceiling windows. The main living room is just off the sunroom that overlooks the first balcony. The primary suite with southern views has a large walk-in closet and dressing area. The primary bath has dual sinks, a shower, and a separate soaking tub. The secondary bedroom and bath has a private balcony with western & northern city views. Additional home office, half bath, laundry room, storage galore & 4 parking spaces.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Assigned, ControlledEntrance, Garage, GarageDoorOpener, Valet
  • Details: Garage Door Opener, Assigned, Valet
  • Garage Spaces: 0
  • Spaces Total: 4

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Partial): 1
  • # of Baths (Total): 0.0

Interior Features

  • # of Rooms: 16
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick Veneer

HOA

  • Has HOA: Yes
  • Association: Montebello
  • HOA Fee: $4,994/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: 1226750000068
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Year Built: 2003

Tax Information

  • Annual Tax: $42,109

Utilities

  • Heating: Electric, Central, Zoned
  • Cooling: Central Air, Zoned

Location

  • County: Harris

Listing Details


Listed by:
Miller Friedman
Rob Adams Properties, Inc.
(713) 542-0226

Source:
Houston Association of REALTORS
MLS#: 38212302
Houston Association of REALTORS

Investment Summary


Monthly Cash Flow
-$15,076
Cap Rate
-1.9%
Cash-on-Cash Return
-32.8%
Debt Coverage Ratio
-0.33
Internal Rate of Return (5 years)
-27.6%

Purchase Details

Find an Agent

Purchase price:
$2,395,000
Amount financed:
-$1,916,000
Down payment:
$479,000
Closing costs:
$71,850
Rehab costs:
$0
Initial cash invested:
$550,850
Square feet:
4,848
Cost per square foot:
$494
Monthly rent per square foot:
$1.42

Financing Details

Find a Lender

Loan amount:
$1,916,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$11,334
Property tax:
$3,509
Insurance:
$483
Private mortgage insurance (PMI):
$0
Monthly payment:
$15,326

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$6,900 $82,800
Vacancy loss: (6%)
6% -$414 -$4,968
Operating income:
$6,486 $77,832

Operating Expenses


% Rent Monthly Yearly
Property taxes: (51%)
51%-$3,509-$42,109
Insurance: (7%)
7%-$483-$5,796
Property management: (8%)
8%-$552-$6,624
Repairs & maintenance: (5%)
5%-$345-$4,140
Capital expenditures: (5%)
5%-$345-$4,140
HOA fees: (72%)
72%-$4,994-$59,928
Total operating expenses: (148%)
148%-$10,228-$122,737

Cash Flow


Monthly Yearly
Net operating income:
-$3,742 -$44,904
Mortgage payments:
-$11,334 -$136,008
Cash flow:
$15,076 $180,912