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$1,544,000

NAL Estimated Property Value

505 Harvard St, Houston, TX, 77007

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,067 Sq Ft
TriplexTriplex
price_per_sqft$1.55 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Cooktop, Dryer, Washer, Dishwasher, Refrigerator
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size6,599 sqft

Building Information

Year Built1920
Garage Spaces3

Land Information

APN0210220000011
Lot Number11
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 11 BLK 290 HOUSTON HEIGHTS
Census Tract510400
Assessed Land Value$660,000
Assessed Improvement Value$231,347
Assessment Year2025

About this property

Available May 15th if not sooner: One of THE MOST UNIQUE AND BEAUTIFUL APARTMENTS YOU WILL EVER HAVE THE PLEASURE OF LIVING IN! Do Not Miss This! Built out by architects who pulled out all the stops! They incorporated Vaulted Ceilings, rounded walls, a spiral staircase, and skylights that bathe natural light down on both floors. Most of the walls and ceilings are gorgeous natural-tone wood shiplap! The loft space has an accessible and usable balcony and don't miss all of the built-ins, soaring shelving, and 2" wood-tone blinds. The location couldn't be much better either. With such close proximity to restaurants, groceries, coffee shops, public transportation, and the Hike and Bike Trails. You won't even need a car. A Free laundry facility on the ground floor is included as well as a covered carport space to park in to protect your car. Sorry, no pets. Don't wait to make this amazing apartment yours!

Investor Tools

Property Icon
$1,544,000
Estimated Property Value
$122,652Estimated Mortgage Balance
$1,421,348Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,264 /month
Positive
Cash Flow Estimate:
$3,088 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,233/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,076
$891,347
2025
$660,000
$231,347
$891,347
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,076
$891,347

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$162,000
No
First
Mar 19, 2015
Apr 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,652
$1,505,348
92%
8%
$972/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$972/mo
+$2,368/mo
2.6%

City: Houston

505 Harvard St | Property Details | No Agent List