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$827,759

NAL Estimated Property Value

1516 Rutland St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,704 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$437.21 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size6,599 sqft

Building Information

Year Built1920
Stories1

Land Information

APN0201390000025
Lot Number25
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 25 & TR 26A BLK 143 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$594,000
Assessed Improvement Value$233,759
Assessment Year2025

About this property

An exceptional historic Heights bungalow found on a sought after street with custom finishes coupled with 1920's charm. You'll find an oversized backyard with wrap around porch and versatile storage shed and extended rock driveway. You'll find 3 generously sized beds with transitional flex space currently used as breakfast room and bonus office nook found in primary bedroom with an unrivaled must have custom primary closet. You’ll find an ideal kitchen with handcrafted cabinets (refrigerator/washer/dryer included), sprawling seamless counters, stunning original hardwood floors throughout and excess of natural light. A hard to find home with generously sized rooms, thoughtful layout and boast-worthy attention to detail with premium custom upgrades found throughout. A home that checks EVERY BOX with ease of access to all Houston hubs in the heart of the Heights.

Investor Tools

Property Icon
$827,759
Estimated Property Value
$554,698Estimated Mortgage Balance
$273,061Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,967 /month
Positive
Cash Flow Estimate:
$1,656 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,456
$827,759
2025
$594,000
$233,759
$827,759
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,456
$827,759

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$588,000
No
First
Apr 14, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$554,698
$273,061
32%
67%
$3,526/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,526/mo
$-1,296/mo
3.2%

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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1516 Rutland St | Property Details | No Agent List