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Owner Contacts

$1,311,051

NAL Estimated Property Value

1602 Harvard St, Houston, TX, 77008

Off Market

2 Beds

4 Bath

2,662 Sq Ft

Single Family Residence

$394.4 / sqft

Built in 1895

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Gas Cooktop, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Lot Size9,239 sqft

Building Information

Year Built1895

Garage Spaces2

Land Information

APN0201120000014

Lot Number14

SubdivisionHouston Heights

Land UseResidential

Legal DescriptionLT 14 & TR 15A BLK 116 HOUSTON HEIGHTS

Census Tract511302

Assessed Land Value$831,600

Assessed Improvement Value$479,451

Assessment Year2025

About this property

Listed in the National Register of Historic Places, the historic Milroy-Muller House sits on a 9,240 (70 x 132) corner lot on prestigious Harvard Street in Houston Heights. Steeped in history, this Queen Anne home was once the residence of John Milroy, who was mayor of Houston Heights from 1899 to 1907. While the circa 1895 home has been well maintained and updated, it still retains many of the historic details and vintage charm that make it so special. This property also boasts a 1 BR, 1 BA garage apartment with a full kitchen. Just 1 block from both Marmion Park and the Heights Blvd. jogging trail, and only a few blocks from the famed shopping and dining along 19th.

Investor Tools

$1,311,051

Estimated Property Value

$1,887,385Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,866 /month

Positive

Cash Flow Estimate:

$2,622 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,141/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$19,131

$1,311,051

2025

$831,600

$479,451

$1,311,051

Tax History

Year

Tax Paid

Assessed Value

2024

$19,131

$1,311,051

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cadence Bank Na

Building Or Construction Loan

$1,912,500

First

Feb 6, 2025

Mar 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,887,385

N/A

144%

$12,558/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,690/mo

$12,558/mo

$-10,868/mo

1.5%

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