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Owner Contacts

$1,360,181

NAL Estimated Property Value

1418 Heights Blvd, Houston, TX, 77008

Off Market

3 Beds

3 Bath

2,693 Sq Ft

Single Family Residence

$2.32 / sqft

Built in 1920

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher

FlooringWood

Exterior

Exterior FeaturesBalcony

Lot Size7,501 sqft

Building Information

Year Built1920

Stories2

Garage Spaces1

Land Information

APN0201530000017

Lot Number17

SubdivisionHouston Heights

Land UseResidential

Legal DescriptionLT 17 BLK 157 HOUSTON HEIGHTS

Census Tract511302

Assessed Land Value$675,000

Assessed Improvement Value$685,181

Assessment Year2025

About this property

Picture-perfect Heights Craftsman home in ideal location along picturesque Heights Blvd has been thoughtfully renovated blending original historic details with modern updates. The main house offers three bedrooms plus game room and home office, intricate trim work throughout, original heart of pine floors, modern kitchen with breakfast nook and built-in desk, living room with fireplace, formal dining, large mudroom and incredible primary suite! Garage apartment with full kitchen is perfect for a private home office. The oversized, 7,500 sf lot, provides amazing green space to enjoy! Oversized two-car garage with alley access plus a front driveway and porte-cochere for additional parking. You will also appreciate the close proximity to the hike/bike trail, Heights Mercantile, M-K-T, weekend markets & numerous other Heights shopping & dining destinations!

Investor Tools

$1,360,181

Estimated Property Value

$465,552Estimated Mortgage Balance

$894,629Estimated Equity

65% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,161 /month

Positive

Cash Flow Estimate:

$2,720 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,298/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$20,773

$1,360,181

2025

$675,000

$685,181

$1,360,181

Tax History

Year

Tax Paid

Assessed Value

2024

$20,773

$1,360,181

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Credit Line (Revolving) / Heloc

$50,000

First

Jan 17, 2017

Feb 2047

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$465,552

$894,629

65%

34%

$3,136/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$3,136/mo

$-906/mo

2.0%

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