B+

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Owner Contacts

$1,290,000

NAL Estimated Property Value

1512 Rutland Street, Houston, TX, 77008

Off Market

3 Beds

4 Bath

2,730 Sq Ft

Single Family Residence

$421.25 / sqft

Built in 2009

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Convection Oven, Microwave, Gas Range, Dishwasher, Oven

FlooringWood

Exterior

Private Pool

Lot Size6,599 sqft

Building Information

Year Built2009

Garage Spaces2

Land Information

APN1313620010001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 BLK 1 PABLOS RETREAT

Census Tract511301

Assessed Land Value$594,000

Assessed Improvement Value$696,000

Assessment Year2025

About this property

Not another white Craftsman. Love life in the heart of the Heights, but seeking something that stands out from the rest? Look no further than 1512 Rutland. This contemporary beauty provides easy access to the parks, trails, shops and restaurants that make the Heights so desirable, but in a unique and inviting modern setting. Designed by an award-winning architect (with an impressive addition in 2011), this luxurious home now includes 3 bedrooms, 3.5 baths, and a serene outdoor oasis with a pool. Recently remodeled kitchen with waterfall island, new cooktop, vent, countertops, and sink is just as ready for cooking as it is entertaining. 19th St. shopping & dining, Heights Blvd. jogging trail, and restaurants along 11th St. are all within a few blocks. Showings to start Friday March 19th after 12 noon.

Investor Tools

$1,290,000

Estimated Property Value

$433,304Estimated Mortgage Balance

$856,696Estimated Equity

66% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,740 /month

Positive

Cash Flow Estimate:

$2,580 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,172/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$19,614

$1,290,000

2025

$594,000

$696,000

$1,290,000

Tax History

Year

Tax Paid

Assessed Value

2024

$19,614

$1,290,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Chevron Fcu

Conventional

$480,000

First

Apr 29, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$433,304

$856,696

66%

34%

$2,878/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$2,878/mo

$-648/mo

2.1%

Learn About the Market: Opportunity in Houston

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