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$387,238

NAL Estimated Property Value

118 Rittenhouse St, Houston, TX, 77076

Off MarketInfo
Baths8,720 Sq Ft
Year BuiltBuilt in 1956

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Heating RadiantHeating Radiant

Exterior

Lot Size12,785 sqft

Building Information

Year Built1956
Stories1

Land Information

APN0731290000032
Lot Number32
SubdivisionRose Manor
Land UseIndustrial
Legal DescriptionLT 32 ROSE MANOR
Census Tract221200
Assessed Land Value$127,850
Assessed Improvement Value$259,388
Assessment Year2025

About this property

Excellent Commercial property great for multi-purpose use, being Leased or Redevelopment into Multi Family or SFH, sold w/other lots with rear access/parking from Bucan Street with a combined total of +-26K sq ft land, and a office/warehouse of 6,200 sq ft. Call for an appointment! 0 Bucan included in Sell.

Investor Tools

Property Icon
$387,238
Estimated Property Value
$177,324Estimated Mortgage Balance
$209,914Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$821/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,918
$387,238
2025
$127,850
$259,388
$387,238
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$7,918
$387,238

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jet Lending Llc
Stand Alone Second / Subordinate Position
$200,000
No
First
Jul 23, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,324
$209,914
54%
46%
$1,200/mo

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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118 Rittenhouse St | Property Details | No Agent List