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$876,000

NAL Estimated Property Value

506 W Cottage B, Houston, TX, 77009

$907,705 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,009 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.6 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Oven, Microwave, Free-Standing Range, Dishwasher
FlooringWood

Exterior

Lot Size2,762 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1372240010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 COTTAGE VISTA
Census Tract511400
Assessed Land Value$248,400
Assessed Improvement Value$541,547
Assessment Year2025

About this property

Stunning modern farmhouse recent construction home located on a corner lot in a gated community & zoned to Travis Elementary! This stylish home features an impressive kitchen with quartz counters, Bosch appliances, water filter at sink & a large butcher block island that overlooks the dining room and living room with fireplace & surround sound. Large windows throughout are fitted with custom shades & provide exceptional natural light. The primary suite is a true retreat with views of the treetops, separate sitting area, impressive spa-like bath & amazing closet! The third floor gameroom w/ direct access to the rooftop deck is a sought-after multi-use space. Some upgrades include: Lutron wireless smart lighting on 1st floor, epoxy garage floor, updated paint & shiplap accent walls. The fenced yard has been upgraded w/ synthetic grass and is beautifully landscaped to provide a relaxing space to enjoy. Fantastic walkability to numerous Heights dining destinations & to Proctor Plaza park!

Investor Tools

Property Icon
$876,000
Estimated Property Value
$456,212Estimated Mortgage Balance
$419,788Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$907,705
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,256 /month
Positive
Cash Flow Estimate:
$1,752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,017/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,825
$789,947
2025
$248,400
$541,547
$789,947
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,825
$789,947

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$510,400
No
First
Nov 25, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$456,212
$419,788
47%
52%
$3,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,261/mo
$-2,539/mo
2.4%

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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506 W Cottage B | Property Details | No Agent List