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$1,394,387

821 Cortlandt St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,622 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$572.08 / sqft
Year BuiltBuilt in 1920

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, Microwave, Dishwasher
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size7,919 sqft

Building Information

Year Built1920
Garage Spaces3

Land Information

APN0202440000007
Lot Number8
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 8 & TR 7 BLK 248 HOUSTON HEIGHTS
Census Tract510400
Assessed Land Value$792,000
Assessed Improvement Value$602,387
Assessment Year2025

About this property

Impressively renovated and expanded 1920 bungalow with a large garage apt and a pool, all situated on an oversized Houston Heights lot. The 2010 renovation thoughtfully blended modern upgrades with charming period features. Entertain in style in the backyard, which boasts a heated saltwater pool and hot tub, big back porch, top-of-the-line outdoor kitchen, sound system, and mature landscaping with lighting. Oversized garage with custom storage is accessible via the driveway AND alley. Grand garage apt features a full kitchen, large bedroom with custom Murphy bed, both a full and half bath & washer/dryer. The main house’s hot water heaters were replaced in 2022. Super central Heights location places you within a few blocks of Donovan Park, Heights Blvd. jogging trail, Heights Hike & Bike Trail, and all the shopping & dining of Heights Mercantile, Heights Central Station, and White Oak. Zoned to Harvard Elementary too! 825 sf Garage apt is NOT included in sq ftg of home! (see video)

Investor Tools

Property Icon
$1,394,387
Estimated Property Value
$1,200,000Estimated Mortgage Balance
$278,179Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,549/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,620
$1,394,387
2025
$792,000
$602,387
$1,394,387
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,620
$1,394,387

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Unknown
$1,200,000
No
First
Aug 5, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,116,208
$325,792
22%
80%
$5,729/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$5,729/mo
$-2,389/mo
2.9%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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821 Cortlandt St | Property Details | No Agent List