Last 24 Hours
$1,176,877
NAL Estimated Property Value705 Cortlandt St, Houston, TX, 77007
Off Market
2 Beds
1 Bath
1,132 Sq Ft
$415.11 / sqft
Built in 1920Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms Full 2
Heating Central
CoolingExterior
Lot Size6,599 sqft
Building Information
Year Built1920
Stories1
Land Information
APN0202550000011
Lot Number11
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 11 BLK 259 HOUSTON HEIGHTS
Census Tract510400
Assessed Land Value$660,000
Assessed Improvement Value$516,877
Assessment Year2025
About this property
This 1920 bungalow in the Houston Heights Historic District is ready for the next owner to reclaim its past charm. This home sits on 6600 sq foot lot with improved concrete alley access. Located one block off White Oak, the property offers convenient access to the "Market Trail", popular restaurants, retail, and entertainment venues. Don't miss out on this opportunity to be part of the continued revitalization of this Houston urban neighborhood. House sold as is and has never flooded.
Investor Tools
$1,176,877
Estimated Property Value
$0Estimated Mortgage Balance
$1,176,877Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,061 /month
Positive
Cash Flow Estimate:
$2,354 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,015/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,292
$1,176,877
2025
$660,000
$516,877
$1,176,877
No
Tax History
Year
Tax Paid
Assessed Value
2024
$18,292
$1,176,877
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,176,877
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
2.0%
12.4%