Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$809,000

338 Cortlandt St, Houston, TX, 77007

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths1,472 Sq Ft
Multi FamilyMulti Family
price_per_sqft$441.58 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,599 sqft

Building Information

Year Built1920
Garage Spaces1

Land Information

APN0210420000025
Lot Number25
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 25 BLK 310 HOUSTON HEIGHTS
Census Tract510400
Assessed Land Value$660,000
Assessed Improvement Value$78,256
Assessment Year2025

About this property

Welcome to 338 Cortlandt! PERFECT LOCATION! INCOME PRODUCING PROPERTY! This multifamily property consists of 3 UNITS! Here is your opportunity to own an income producing property in a highly desirable area of the Heights! Live in one and rent out the others or lease them all out. The potential is endless! Units have been beautifully renovated and cared for. Duplex is 1 bed/1 bath each with a detached 1 bed/1 bath garage apartment. Spacious designated utility room on the first floor of garage apartment. Spacious backyard and plenty of parking for tenants and guests which is very rare for the area. All units are currently leased on short term rentals. Close to many shops and restaurants and conveniently located right off the highway. All showings and lease agreements are available upon request. Garage apartment is not included in the square footage.

Investor Tools

Property Icon
$809,000
Estimated Property Value
$542,500Estimated Mortgage Balance
$291,118Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,854 /month
Positive
Cash Flow Estimate:
$1,618 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,213
$738,256
2025
$660,000
$78,256
$738,256
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,213
$738,256

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$542,500
No
First
Nov 29, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$517,882
$381,118
42%
64%
$3,253/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$3,253/mo
$-1,293/mo
2.9%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

338 Cortlandt St | Property Details | No Agent List