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$849,000

NAL Estimated Property Value

1123 W Cottage St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,790 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$488.83 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size5,001 sqft

Building Information

Year Built1930
Stories1
Garage Spaces1

Land Information

APN0621070000015
Lot Number15
SubdivisionNorth Norhill
Land UseResidential
Legal DescriptionLT 15 BLK 128 NORTH NORHILL
Census Tract511400
Assessed Land Value$450,000
Assessed Improvement Value$355,874
Assessment Year2025

About this property

This renovated and expanded classic craftsman bungalow provides an abundance of space that is filled with natural light. Featuring formal living & dining rooms, a large den that is open to the equally spacious island kitchen with high end Thermador appliances as well as a primary suite with double vanities, luxurious walk in shower and a generous sized walk in closet. 2 further bedrooms, one of which is used as a home office are serviced by a full bathroom with double sinks and generous storage. From the inviting front porch where you can enjoy views of the fresh landscaping to the low maintenance back yard that features pet friendly turf and a custom built deck. Additionally there is a 2 car garage set behind an automatic driveway gate. Considered to be one of the most walkable locations in Houston with lots of coffee shops, restaurants and thriving small businesses, this location is hard to beat. Proctor Plaza park is a few blocks away and is a hub for community activities.

Investor Tools

Property Icon
$849,000
Estimated Property Value
$806,525Estimated Mortgage Balance
$42,475Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,516
$805,874
2025
$450,000
$355,874
$805,874
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,516
$805,874

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trustmark National Bank
Conventional
$823,500
No
First
Mar 3, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$806,525
$71,475
8%
95%
$4,938/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,938/mo
$-3,216/mo
2.4%

City: Houston

1123 W Cottage St | Property Details | No Agent List