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$995,000

1240 Heights Boulevard, Houston, TX, 77008

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$636.19 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Washer Included, Double Oven, Freestanding Oven, Gas Oven, Free-Standing Range, Gas Cooktop, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size7,501 sqft

Building Information

Year Built1920
Garage Spaces2

Land Information

APN0201830000021
Lot Number21
SubdivisionHouston Heights
Land UseCommercial
Legal DescriptionLT 21 BLK 187 HOUSTON HEIGHTS
Census Tract511302
Assessed Land Value$675,000
Assessed Improvement Value$158,956
Assessment Year2025

About this property

Charming 1920's Heights Bungalow Sits Proudly On Iconic Heights Boulevard, Offering Historic Character, Inviting Living Spaces + A 1 Bedroom and 1 bath Garage Apartment! This beauty blends classic details w/everyday function, from the Historic Brick Driveway & covered front porch to original hardwood floors, rich millwork, glass doorknobs, pocket & French doors, custom built-ins & black-&-white baths. Main home offers spacious living & dining areas, & an oversized kitchen w/wall-to-wall cabinetry, granite counters & a large pantry. Roomy primary suite has a custom closet & ensuite bath w/tub & separate shower. Flex room is ideal for a home office, gym or creative space, while the guest bedroom offers a large closet & easy access to a full bath w/a claw-foot tub & pedestal sink. Garage apt adds incredible versatility w/its own kitchen, living area, bedroom, full bath & storage. Enjoy a beloved Heights location close to parks, trails, restaurants, coffee shops, art, shopping & more!

Investor Tools

$0Estimated Mortgage Balance
$833,956Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

Interested in this property?

Shawn Manderscheid

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,436
$833,956
2025
$675,000
$158,956
$833,956
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,436
$833,956

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$833,956
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
N/A
+$1,690/mo
2.4%

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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1240 Heights Boulevard | Property Details | No Agent List