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$1,214,000

NAL Estimated Property Value

1018 Rutland St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,865 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$431.06 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size4,400 sqft

Building Information

Year Built2010
Garage Spaces2

Land Information

APN0202100000041
Lot Number25
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 25 BLK 214 HOUSTON HEIGHTS
Census Tract510500
Assessed Land Value$440,000
Assessed Improvement Value$649,419
Assessment Year2025

About this property

Welcome to this beautiful home in the heart of the Heights, offering 3 bedrooms, 2.5 baths, a low-maintenance backyard and zoned to great Heights Area Schools! Upon entry you are met with the light and bright Formal Living Room featuring a gas fireplace, custom built-ins, hardwood floors and designer lighting. The recently updated Kitchen features Quartzite Island, Stainless Steel appliances, and is open to the informal Den. For effortless entertaining, the back patio is easily accessible from the Breakfast Room and opens out on to the turfed backyard. The Primary bedroom has a large walk-in closet and a spacious en-suite bathroom with separate tub and shower. The detached two car garage has a fully equipped apartment above and paved alley access. This fully gated property offers plenty of options for outdoor living and entertaining and is ideally located just blocks from many popular Heights attractions.

Investor Tools

Property Icon
$1,214,000
Estimated Property Value
$629,426Estimated Mortgage Balance
$584,574Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,410 /month
Positive
Cash Flow Estimate:
$2,470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,789/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,393
$1,089,419
2025
$440,000
$649,419
$1,089,419
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,393
$1,089,419

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$700,000
No
First
Feb 5, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$629,426
$523,574
45%
52%
$4,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$4,197/mo
$-1,967/mo
2.2%

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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1018 Rutland St | Property Details | No Agent List