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$1,442,000

1409 Tulane St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,847 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$491.75 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size6,599 sqft

Building Information

Year Built1920
Garage Spaces3

Land Information

APN0201480000013
Lot Number13
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 13 & TR 14A BLK 152 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$594,000
Assessed Improvement Value$782,825
Assessment Year2025

About this property

This picture-perfect Heights home blends timeless curb appeal with designer interiors and a backyard made for summer. Inside, you’ll find a chef-worthy kitchen with marble counter island, job-built cabinetry, and a statement vent hood—plus a dreamy mudroom with brick floors. The flexible upstairs loft makes the perfect game room or second living area, while the oversized walk-in closet and private balcony off the primary suite feel like a boutique hotel. Out back, enjoy a sparkling pool, mosquito system, and lush landscaping. Need more? There’s a garage apartment with a full kitchen, living, bedroom, and ensuite bath—ideal for guests or rental income. Gated driveway, recessed lighting, full-house generator, and thoughtful finishes throughout. This one checks every box and then some.

Investor Tools

Property Icon
$1,442,000
Estimated Property Value
$676,000Estimated Mortgage Balance
$775,887Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,652 /month
Positive
Cash Flow Estimate:
$2,884 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,418/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,809
$1,376,825
2025
$594,000
$782,825
$1,376,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,809
$1,376,825

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Conventional
$676,000
No
First
Jul 3, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$666,113
$773,887
53%
46%
$4,053/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$4,053/mo
$-1,173/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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1409 Tulane St | Property Details | No Agent List