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Owner Contacts

$787,000

616 Teetshorn Street, Houston, TX, 77009

Off Market

2 Beds

2 Bath

1,318 Sq Ft

Single Family Residence

$603.19 / sqft

Built in 1920

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher

FlooringWood

Exterior

Lot Size4,800 sqft

Building Information

Year Built1920

Garage Spaces3

Land Information

APN0611820050001

Lot Number1

SubdivisionWoodland Terrace

Land UseResidential

Legal DescriptionLT 1 BLK 5 WOODLAND TERRACE

Census Tract510301

Assessed Land Value$480,000

Assessed Improvement Value$140,937

Assessment Year2025

About this property

Updated Woodland Heights Bungalow with Garage Apt - Two bedrooms and two full baths PLUS a 779 sq/ft 1 bedroom garage apartment, not included in square footage! Home was completely updated in 2018. Open kitchen with quartzite counters overlooks the living and dining, perfect for entertaining. An additional bonus area can be an office or play space. Wood floors throughout, additional features include a master with en-suite bath and walk-in closet. Backyard retreat with large deck (with views of downtown skyline), ideal for Lights In the Heights parties. The garage apartment features two living areas, a separate bedroom, full kitchen, full bath, utility room, walk-in closet, and balcony! The garage apartment is perfect for visiting guests or a successful rental. HUGE garage includes storage room and a workshop. Uniquely situated in the heart of Woodland Heights, yet not bound by historic restrictions. Located near hike/bike trail, White Oak restaurants/bars PLUS zoned to Travis Elem.

Investor Tools

$787,000

Estimated Property Value

$0Estimated Mortgage Balance

$411,284Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,770 /month

Positive

Cash Flow Estimate:

$1,590 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,118/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,483

$620,937

2025

$480,000

$140,937

$620,937

Tax History

Year

Tax Paid

Assessed Value

2024

$9,483

$620,937

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Movement Mortgage

Conventional

$430,000

First

Dec 23, 2019

Jan 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$375,716

$411,284

52%

48%

$2,579/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$2,579/mo

$-1,272/mo

2.0%

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