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$1,763,000

NAL Estimated Property Value

501 Highland St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths3,340 Sq Ft
price_per_sqft$537.43 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop

Exterior

Lot Size5,001 sqft

Building Information

Year Built1920
Garage Spaces2

Land Information

APN0372840000016
Lot Number16
SubdivisionWoodland Heights
Land UseResidential
Legal DescriptionLT 16 BLK 19 WOODLAND HEIGHTS
Census Tract510302
Assessed Land Value$500,000
Assessed Improvement Value$981,300
Assessment Year2025

About this property

Welcome to the epitome of elegance and design in this completely remodeled and expanded Heights home. This home has rich oak flooring with high end designer finishes throughout from the lighting to the brass hardware in the kitchen- there is no detail missed. The first floor features a foyer with built-in storage and leads to light filled study and expansive dining area. You will be wowed with the level of detail in the kitchen with leathered Quartzite countertops as well as custom lighting and appliances. From the kitchen there is also a charming side patio area perfect for entertaining. In the living room you can easily take note the steel doors leading to a second intimate courtyard. The garage is epoxied and has a unique hallway w/ antique French terra cotta flooring. All the bedrooms are upstairs with an oversized den area that is currently used as an art studio. The primary bathroom has a stunning copper tub and expansive storage. Make your appointment today!

Investor Tools

Property Icon
$1,763,000
Estimated Property Value
$1,177,069Estimated Mortgage Balance
$585,931Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,770 /month
Positive
Cash Flow Estimate:
$3,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,058/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,882
$1,481,300
2025
$500,000
$981,300
$1,481,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,882
$1,481,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$1,200,000
No
First
Apr 19, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,177,069
$705,931
37%
67%
$7,195/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$7,195/mo
$-4,969/mo
1.5%

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.

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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501 Highland St | Property Details | No Agent List