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Owner Contacts

$375,000

NAL Estimated Property Value

1207 Cordell St, Houston, TX, 77009

Off Market

Lease

2 Beds

2 Bath

1,112 Sq Ft

$1.62 / sqft

Built in 1924

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1924

Land Information

APN0331250800010

Lot Number10

SubdivisionBrooke Smith

Land UseResidential

Legal DescriptionLT 10 BLK 80 BROOKE SMITH

Census Tract511600

Assessed Land Value$300,000

Assessed Improvement Value$67,910

Assessment Year2025

About this property

Beautiful Bungalow of 2 bedrooms 2 full baths located in the highly desired Brooke Smith Heights. This beautiful bungalow is minutes away from all major highways, excellent shopping, commutable downtown offices, U of H downtown campus and sought after restaurants. Home is graced with original refinished wood floors, updated granite counters in kitchen and primary bathroom, country style deep undermount sink, gas cooktop, gas separate oven, primary bathroom fully updated with double sinks, new backsplash, brushed Nickle fixtures and excellent porch to enjoy evening beverage. Refrigerator, washer and dryer stays with the property. Home also has 6X6 storage in the back which is included with the property.

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$707/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,614

$367,910

2025

$300,000

$67,910

$367,910

Tax History

Year

Tax Paid

Assessed Value

2024

$6,614

$367,910

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Houston Police Fcu

Credit Line (Revolving) / Heloc

$248,000

First

Jan 15, 2019

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$211,528

$159,472

42%

56%

$1,487/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,487/mo

+$235/mo

5.5%

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