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Owner Contacts

$1,165,390

NAL Estimated Property Value

1401 Tulane St, Houston, TX, 77008

Off Market

3 Beds

2 Bath

2,142 Sq Ft

Single Family Residence

$466.39 / sqft

Built in 1900

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesWater Heater, Disposal, Wine Refrigerator, Gas Oven, Oven, Microwave, Electric Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Lot Size6,599 sqft

Building Information

Year Built1900

Garage Spaces3

Land Information

APN0201480000017

Lot Number18

SubdivisionHouston Heights

Land UseResidential

Legal DescriptionLT 18 & TR 17 BLK 152 HOUSTON HEIGHTS

Census Tract511301

Assessed Land Value$594,000

Assessed Improvement Value$571,390

Assessment Year2025

About this property

Beautifully Updated Heights Bungalow + HUGE Garage Apt on Gorgeous Wooded Corner Lot in prime Houston Heights location! Garage apt is IDEAL set up with private entrance & yard separated from main house, including its own 1 car garage, fenced yard. The main house features 3 bedrooms & 2 full baths in a smart floor plan! Elegant living/dining spaces offer custom built-ins, rich millwork, chic lighting & fans, wood & tile flooring, neutral paint, bay windows & original touches scattered throughout. Kitchen boasts high-end SS appliances incl. a Thermador cooktop, hood vent, beverage chiller, built-in oven & MW, granite counters, under-cab lighting & custom cabinetry w/soft-close features. Inviting family room has custom built-ins, bay windows & ample gathering space. Posh owner’s suite offers a huge walk-in closet & luxurious ensuite w/a dual sink antique vanity, soaking tub & walk-in shower. Guest suites have large closets & ensuite access to a full bath w/dual sinks & walk-in shower.

Investor Tools

$1,165,390

Estimated Property Value

$0Estimated Mortgage Balance

$1,165,390Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,992 /month

Positive

Cash Flow Estimate:

$2,331 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,730/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,932

$1,165,390

2025

$594,000

$571,390

$1,165,390

Tax History

Year

Tax Paid

Assessed Value

2024

$14,932

$1,165,390

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$1,165,390

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

N/A

+$2,230/mo

2.3%

Learn About the Market: Opportunity in Houston

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