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$983,000

NAL Estimated Property Value

514 Cortlandt Street E, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,503 Sq Ft
price_per_sqft$259.29 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListHigh 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
AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Cooktop
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,200 sqft

Building Information

Year Built2010
Garage Spaces1

Land Information

APN1292650010002
Lot Number2
SubdivisionCortlandt Oaks
Land UseResidential
Legal DescriptionLT 2 BLK 1 CORTLANDT OAKS
Census Tract510400
Assessed Land Value$220,000
Assessed Improvement Value$597,583
Assessment Year2025

About this property

Embrace the outstanding Heights lifestyle in this beautifully upgraded 3BD/3.5BA+ STUDY freestanding home featuring spacious interiors and gorgeous, easy outdoor space. Inside, tall ceilings rise above large windows with plantation shutters and beautiful hardwood floors. The gated entry opens to a delightful private garden featuring professional landscaping, a covered patio and turf lawn. A foyer leads to a beautiful home office and the first of three bedroom suites. Above, the second floor is made for entertaining with a spacious living room, a roomy dining area and a balcony for al fresco meals. Enjoy an open chef's kitchen with newer Bosch appliances. On the top floor, discover a serene owner's suite with a luxurious spa bath, another secondary suite and oversized laundry room. Two-car attached garage, tankless water heater, Nest thermostats. Lovely six-unit community close to trails, parks and fantastic amenities, including Heights Mercantile. Zoned to top-rated Harvard Elementary.

Investor Tools

Property Icon
$983,000
Estimated Property Value
$495,616Estimated Mortgage Balance
$487,384Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,898 /month
Positive
Cash Flow Estimate:
$1,966 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,257/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,165
$817,583
2025
$220,000
$597,583
$817,583
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,165
$817,583

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Unknown
$526,280
No
First
Mar 31, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,616
$487,384
49%
50%
$3,156/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,156/mo
$-576/mo
3.1%

City: Houston

514 Cortlandt Street E | Property Details | No Agent List