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$3,600

1531 Dorothy St Unit B, Houston, TX, 77008

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,307 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.56 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size2,500 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN0391110000286
Lot Number276
SubdivisionHouston Heights Annex
Land UseResidential
Legal DescriptionLT 276 HOUSTON HEIGHTS ANNEX
Census Tract511301
Assessed Land Value$225,000
Assessed Improvement Value$347,560
Assessment Year2025

About this property

Welcome to this beautifully spacious 3-bedroom, 2.5-bathroom home offering 2,307 square feet of comfortable living space in one of Houston's most sought-after neighborhoods. Located at 1531 Dorothy St Unit B, this home offers the perfect blend of space, style, and location just minutes from the vibrant shops, restaurants, and parks that make the Heights area so desirable. With generous room sizes throughout, this home is ideal for anyone looking for room to grow, entertain, or simply enjoy everyday comfort. The open layout provides flexibility for modern living, while the convenient Houston location puts you close to downtown, major highways, and everything the city has to offer. Don't miss the opportunity to make this Heights-area gem your next home. Schedule your showing today!

Investor Tools

$364,234Estimated Mortgage Balance
$302,490Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,996 /month
Positive
Cash Flow Estimate:
$1,332 /month

Interested in this property?

Steven Shannon

Shannon Property Management

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$955/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,132
$572,560
2025
$225,000
$347,560
$572,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,132
$572,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$405,875
No
First
Apr 19, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,234
$295,766
44%
55%
$2,434/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,434/mo
$-204/mo
4.0%

City: Houston