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$1,326,000

NAL Estimated Property Value

1041 Tulane St, Houston, TX, 77008

$1,370,359 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,348 Sq Ft
price_per_sqft$358.12 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size5,497 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1342130000001
Lot Number1
SubdivisionTulane Courtyards
Land UseResidential
Legal DescriptionLT 1 BLK 1 TULANE COURTYARDS
Census Tract510500
Assessed Land Value$549,800
Assessed Improvement Value$550,200
Assessment Year2025

About this property

Introducing a stunning two-story residence with 1st and 2nd floor large porch and a garage apartment! Inside, a charming family room with a gaslog fireplace, a sleek formal dining room, and a modern island kitchen featuring SS appliances, a breakfast area, and a convenient butler pantry. Upstairs, ample bedrooms including a spacious primary suite with an ensuite and direct access to a large porch. Boasting new flooring, energy-saving shutters, and elegant black frame Anderson windows. The property also includes a Culligan water softener and an updated AC system. The garage apt showcases a new high-end Mitsubishi Mini Split AC, a tankless water heater, and a full bathroom. Outside, Bahama shades adorn the back patio, attic insulation is a thermal envelope system. A portable generator with a separate fuse box provides peace of mind, and the property has a history of no flooding. Located near a variety of Heights restaurants, coffee shops, and entertainment. This home is a must see!

Investor Tools

Property Icon
$1,326,000
Estimated Property Value
$855,173Estimated Mortgage Balance
$470,827Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,370,359
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,956 /month
Positive
Cash Flow Estimate:
$2,652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,239/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,235
$1,100,000
2025
$549,800
$550,200
$1,100,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,235
$1,100,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$880,000
No
First
Oct 31, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$855,173
$441,827
34%
64%
$5,277/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$5,277/mo
$-2,397/mo
2.6%

City: Houston

1041 Tulane St | Property Details | No Agent List