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Owner Contacts

$1,352,448

NAL Estimated Property Value

531 Columbia St, Houston, TX, 77007

Off Market

3 Beds

2 Bath

1,339 Sq Ft

$418.22 / sqft

Built in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesIce Maker, Electric Oven, Electric Range, Dishwasher

FlooringTile, Wood

Exterior

Lot Size6,599 sqft

Building Information

Year Built1920

Stories1

Garage Spaces1

Land Information

APN0210190000005

Lot Number5

SubdivisionHouston Heights

Land UseResidential

Legal DescriptionLT 5 BLK 287 HOUSTON HEIGHTS

Census Tract510400

Assessed Land Value$660,000

Assessed Improvement Value$692,448

Assessment Year2025

About this property

Vintage 1920's Heights cottage. Beautifully maintained 3 bedroom 2.5 bath home with a huge kitchen, pantry as well as electric range, oven and many more amenities. This charming Heights Home includes hardwood flooring throughout, high ceilings with front porch and a backyard. Master bedroom with walk-in closet and full size bath and shower. Third bath is half bath with has pedestal sink. The extra large lot of 6600sf offers lots of space to build a garage apartment and/or pool in the backyard. Move in ready, this beautiful home awaits you and is being offered at an affordable price! Located in the highly desirable historic Houston Heights. Easy access to I 10, I-45, downtown Houston. Can't beat the location to downtown/galleria! Zoned to exemplary schools: Harvard Elementary, Hogg Middle and Heights High School. Nearby walking/biking trail and restaurants along White Oak. This is a must see for your pickiest clients!! PRICED TO SELL! Schedule your showing today.

Investor Tools

$1,352,448

Estimated Property Value

$385,607Estimated Mortgage Balance

$966,841Estimated Equity

71% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,115 /month

Positive

Cash Flow Estimate:

$2,705 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,353/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$21,476

$1,352,448

2025

$660,000

$692,448

$1,352,448

Tax History

Year

Tax Paid

Assessed Value

2024

$21,476

$1,352,448

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Redfin Mortgage Llc

Conventional

$428,000

First

Mar 5, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$385,607

$966,841

71%

29%

$2,567/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$2,567/mo

+$773/mo

3.0%

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