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$787,000

NAL Estimated Property Value

616 Teetshorn Street, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,318 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$603.19 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$787,000
Estimated Property Value
$375,716Estimated Mortgage Balance
$411,284Estimated Equity
52% 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
No

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
No
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%

City: Houston

616 Teetshorn Street | Property Details | No Agent List