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$995,000

NAL Estimated Property Value

1421 Columbia Street, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,225 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$447.19 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBack Green Space, Side Yard, Sprinkler System
Lot Size6,599 sqft

Building Information

Year Built1930

Land Information

APN0201560000007
Lot Number7
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 7 BLK 160 HOUSTON HEIGHTS
Census Tract511302
Assessed Land Value$594,000
Assessed Improvement Value$296,506
Assessment Year2025

About this property

Welcome to 1421 Columbia, a stunning expanded Craftsman bungalow in the Houston Heights historic district! 3 beds, 3 baths on a 6,600 sq ft* lot — featured twice on the Heights Home Tour. Century-old live oaks, beautiful landscaping front and back. Soaring ceilings, original hardwood floors, and plantation shutters throughout. Gourmet kitchen with granite counters, stainless steel appliances, and abundant cabinet space. Dining area flows seamlessly for entertaining. Downstairs primary suite with sitting area, walk-in closet, and spa bath with dual sinks, walk-in shower, and garden tub. Guest bedroom, full bath, and utility room also downstairs. Staircase leads to upstairs bedroom, full bath, office area, and attic storage. Energy efficient windows on the addition. French doors open to back deck, greenspace, and butterfly yard. Climate-controlled garden shed, grilling deck, sprinkler system, and landscape lighting in place. Minutes from Heights shops, dining, parks, and downtown.

Investor Tools

Property Icon
$1,084,000
Estimated Property Value
$497,253Estimated Mortgage Balance
$586,747Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,504 /month
Positive
Cash Flow Estimate:
$2,168 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,051
$890,506
2025
$594,000
$296,506
$890,506
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,051
$890,506

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$539,466
No
First
Apr 21, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$497,253
$586,747
54%
46%
$3,235/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,235/mo
$-1,005/mo
2.5%

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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1421 Columbia Street | Property Details | No Agent List