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$1,522,000

NAL Estimated Property Value

721 Rutland St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,407 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$435.87 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringMarble, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size6,599 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN0202600000043
Lot Number10,11
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 10 & N 1/2 OF LT 11 BLK 264 HOUSTON HEIGHTS
Census Tract510500
Assessed Land Value$660,000
Assessed Improvement Value$862,000
Assessment Year2025

About this property

Spectacular 3/4 bed, 3 full bath Craftsman home w/ 3 CAR GARAGE in the Heights. Wonderful tree-lined location walking distance to the MKT trail & Heights Mercantile. Stunning interior w/ contemporary accents include a bright staircase & striking chandelier. Newly updated gourmet kitchen boasts granite counters, prep sink, walk-in pantry, Thermador appliances, dry bar & wine cooler. Kitchen opens into the bright living room w/ double doors leading out to the back porch. Dining room w/ access to back porch is made for large gatherings. Spacious den w/ fireplace/closet can also be 4th bedroom. Full bath down w/ walk-in shower. Upstairs Primary suite boasts 2 walk-in closets, covered porch & updated spa-like bath w/ double sinks, vanity, walk-in shower & garden tub. Nice-size secondary bedrooms w/ elegant full bath. Library w/ wet bar just off the stunning stairwell. Fully fenced w/ lush landscaping, wraparound porches & spacious backyard. Detached 3 car garage & alley access. A Must See!!

Investor Tools

Property Icon
$1,522,000
Estimated Property Value
$1,195,629Estimated Mortgage Balance
$326,371Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,132 /month
Positive
Cash Flow Estimate:
$3,044 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,448/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,768
$1,522,000
2025
$660,000
$862,000
$1,522,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,768
$1,522,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stifel Bank & Trust
Conventional
$1,217,600
No
First
Dec 16, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,195,629
$326,371
21%
79%
$7,199/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$7,199/mo
$-3,859/mo
2.6%

City: Houston

721 Rutland St | Property Details | No Agent List