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$1,671,576

NAL Estimated Property Value

1322 Rutland St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,116 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$543.97 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Ice Maker, Water Softener, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size10,825 sqft

Building Information

Year Built1991
Stories2
Garage Spaces2

Land Information

APN0201690000026
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionTRS 25 26 26A & 27A BLK 173 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$974,160
Assessed Improvement Value$697,416
Assessment Year2025

About this property

Located in the Heights sits 1322 Rutland…3 bedrooms/3.5 baths + pool & garage apartment on an oversized 10,824 sq ft lot (per HCAD). Wraparound porches create spaces to enjoy year-round. Refinished hardwoods, incredible natural light & 4 fireplaces. Kitchen offers granite counters, s/s appliances, island w/ counter seating & walk-in pantry. Adjoining breakfast room, sitting area & family room. Dining room is ideal for large gatherings. Downstairs study with built-ins is the perfect home office. Butler’s pantry w/ wet bar + powder bath. Relaxing primary bedroom up + sitting area, fireplace & spa-like bath w/ double sinks, jetted tub, shower w/ dual heads & two walk-in closets. Nice-size secondary bedrooms w/ en suite baths. Backyard along w/ two side yards accommodates all your outdoor activities + the sparkling pool & ample decking. Detached 2 car garage w/ apt. includes kitchen & bath. Fully fenced with home generator, sprinkler/mosquito systems & solar panels. All info per Seller.

Investor Tools

Property Icon
$1,671,576
Estimated Property Value
$433,983Estimated Mortgage Balance
$1,237,593Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,170 /month
Positive
Cash Flow Estimate:
$3,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,492
$1,671,576
2025
$974,160
$697,416
$1,671,576
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,492
$1,671,576

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Americas Wholesale Lndr
Unknown
$441,200
No
First
May 15, 2003
Jun 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$433,983
$1,237,593
74%
26%
$5,147/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$5,147/mo
$-2,917/mo
1.6%

Learn About the Market: Opportunity in Houston

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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.

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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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