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$1,357,989

NAL Estimated Property Value

1236 Rutland St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,884 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$306.87 / sqft
Year BuiltBuilt in 1907

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Marble, Wood

Exterior

Exterior FeaturesBalcony
Lot Size7,471 sqft

Building Information

Year Built1907
Garage Spaces2

Land Information

APN0201800000032
Lot Number33
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 33 & TR 32 BLK 184 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$672,300
Assessed Improvement Value$685,689
Assessment Year2025

About this property

Romantic two story Greek revival with screened in wrap around porches. Built in 1907 and on generous lot featuring a deep backyard with lush butterfly bushes and fountain. Replete with 600 square foot loft garage apartment. Painstakingly restored antique heart pine fixtures throughout, including a unique curved staircase, history and culture awaits around every corner. Move in ready, or stay in the loft while you execute already permitted plans to build out kitchen and master closet. This is a one of a kind home in the most walkable part of the booming heights neighborhood.

Investor Tools

Property Icon
$1,357,989
Estimated Property Value
$8,957Estimated Mortgage Balance
$1,349,032Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,148 /month
Positive
Cash Flow Estimate:
$2,716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,284
$1,357,989
2025
$672,300
$685,689
$1,357,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,284
$1,357,989

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$10,000
No
First
Dec 8, 2020
Jan 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$8,957
$1,349,032
99%
1%
$60/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$60/mo
+$2,820/mo
2.5%

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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1236 Rutland St | Property Details | No Agent List