Street View

B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$1,522,000

NAL Estimated Property Value

721 Rutland St, Houston, TX, 77007

Off Market

3 Beds

3 Bath

3,407 Sq Ft

Single Family Residence

$435.87 / sqft

Built in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

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

$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

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

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%

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