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$590,502

NAL Estimated Property Value

1409 Dorothy, Houston, TX, 77008

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,181 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$456.39 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,001 sqft

Building Information

Year Built1930
Stories1

Land Information

APN0391200000727
Lot Number727,728
SubdivisionHouston Heights Annex
Land UseResidential
Legal DescriptionLTS 727 & 728 HOUSTON HEIGHTS ANNEX
Census Tract511301
Assessed Land Value$475,000
Assessed Improvement Value$115,502
Assessment Year2025

About this property

A unique property in Houston Heights. This one-of-a-kind property is a classic 2 bdrm/2 bath bungalow that has been converted to a spacious one bedroom home. It is perfect for a professional or someone downsizing. Features include updated kitchen with granite countertops, ample cabinets and a breakfast bar adjoining the dining area. Good size living room with fireplace and hardwood floors. Period guest bath with clawfoot tub, pedestal sink and bead board wainscoting. There is an additional en-suite bath off the spacious bedroom. Extras include a large laundry room, wood deck off the living area, spacious fenced lot backyard, central ac/heat, and more! This is the perfect home for people in walks of life. Situated in an inner-city neighborhood, there is a contemporary multi-story apartment complex adjacent to the property. Make the most out of the Heights with this unique home or remodel to its original 2 bdrm/2 bath classic splendor!

Investor Tools

Property Icon
$590,502
Estimated Property Value
$0Estimated Mortgage Balance
$590,502Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,543 /month
Positive
Cash Flow Estimate:
$1,181 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,671
$590,502
2025
$475,000
$115,502
$590,502
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,671
$590,502

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$590,502
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
3.4%

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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1409 Dorothy | Property Details | No Agent List