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$1,474,000

1245 Cortlandt Street, Houston, TX, 77008

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,799 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$518.04 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Range, Dishwasher
FlooringWood

Exterior

Lot Size6,599 sqft

Building Information

Year Built1900
Garage Spaces2

Land Information

APN0201840000001
Lot Number1
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 1 BLK 188 HOUSTON HEIGHTS
Census Tract511302
Assessed Land Value$594,000
Assessed Improvement Value$760,894
Assessment Year2025

About this property

Immerse yourself in the pinnacle of contemporary living in this meticulously renovated and expanded home, by Award-Winning Kinney Morrow Architects. Discover exquisite craftsmanship and elegant finishes throughout, featuring a walk-in prep kitchen adorned with quartz counters and Bosch appliances, a main-level primary bedroom,2 additional bedrooms on the first floor divided by a sunken media room, abundant light, and dual outdoor seating areas. A private staircase accesses a secluded guest suite on the 2nd floor. At the opposite end, a second set of staircases unveils a spacious office with an ensuite bathroom, offering versatility as an extra bedroom. Revel in designer light fixtures, White oak flooring, a standing seam metal roof, and 2 tankless hot water heaters. This premium corner residence is zoned to Harvard ES and near Heights Blvd jogging trail and an array of restaurants and shops.

Investor Tools

Property Icon
$1,474,000
Estimated Property Value
$0Estimated Mortgage Balance
$666,061Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,844 /month
Positive
Cash Flow Estimate:
$2,948 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,910
$1,354,894
2025
$594,000
$760,894
$1,354,894
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,910
$1,354,894

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$819,931
No
First
Jul 18, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$807,939
$666,061
45%
55%
$4,916/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$4,916/mo
$-2,686/mo
1.8%

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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