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$1,426,236

427 Columbia St, Houston, TX, 77007

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths2,364 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$507.61 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Electric Cooktop
FlooringWood

Exterior

Lot Size13,199 sqft

Building Information

Year Built1965
Garage Spaces4

Land Information

APN0210360000005
Lot Number5,6
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLTS 5 & 6 BLK 304 HOUSTON HEIGHTS
Census Tract510400
Assessed Land Value$1,320,000
Assessed Improvement Value$106,236
Assessment Year2025

About this property

Versatile property on a double lot in a happening Heights location with the Heights Hike & Bike Trail, Heights Blvd jogging trail, Donovan Park, Heights Mercantile, and countless restaurants and watering holes within a few blocks. Even though it’s located in the heart of the inner loop, this 13,200 sq ft lot is a wooded paradise with mature trees, lush landscaping, a pond, and a deck. The property includes 2 buildings: the main home with a large artist’s studio and a small cottage (currently used for rental income),While situated in a historic district, both buildings are non-contributing structures, meaning you have the sought-after flexibility to renovate or build new! The property can also be divided into two 6,600 sq ft lots. Enjoy having Heights favorites like Coltivare, Onion Creek, Better Luck Tomorrow, Common Bond, and Permission (just to name a few) so close to your front door.

Investor Tools

Property Icon
$1,426,236
Estimated Property Value
$0Estimated Mortgage Balance
$1,426,236Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,557 /month
Positive
Cash Flow Estimate:
$2,852 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,072/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,738
$1,426,236
2025
$1,320,000
$106,236
$1,426,236
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,738
$1,426,236

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,426,236
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
1.6%

Learn About the Market: Opportunity in Houston

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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

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427 Columbia St | Property Details | No Agent List