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$905,000

1118 W Cottage St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,618 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$556.18 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringWood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1930
Garage Spaces1

Land Information

APN0621100000005
Lot Number5
SubdivisionNorth Norhill
Land UseResidential
Legal DescriptionLT 5 BLK 131 NORTH NORHILL
Census Tract511400
Assessed Land Value$450,000
Assessed Improvement Value$342,343
Assessment Year2025

About this property

Tucked within the coveted Norhill Historic District, this masterfully reimagined Heights bungalow blends timeless architecture with modern sophistication. Soaring ceilings — a rare architectural feature in the Heights — create an airy, open feel, while expansive NEW windows bathe the interiors in natural light. Rich engineered hardwoods and sleek, contemporary finishes flow seamlessly throughout. The thoughtfully added rear primary suite offers a private, serene escape, balancing comfort and style. Beyond the main residence, a detached one-car garage leads to a beautifully finished garage apartment — an ideal opportunity for rental income, guest accommodations, or a creative studio. Just off Studewood, this property places you steps from the Heights’ most beloved restaurants, cafés, and boutiques, offering an unparalleled balance of vibrant city living and the tranquil, tree-lined charm that defines this historic neighborhood. A MUST SEE!

Investor Tools

Property Icon
$905,000
Estimated Property Value
$400,000Estimated Mortgage Balance
$509,073Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,430 /month
Positive
Cash Flow Estimate:
$1,810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,338/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,527
$792,343
2025
$450,000
$342,343
$792,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,527
$792,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$400,000
No
First
Aug 4, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,927
$516,073
56%
44%
$2,252/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,252/mo
$-26/mo
3.0%

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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1118 W Cottage St | Property Details | No Agent List