25Days on Market

1view

$550,000

$615,000

914 Dorothy Street, Houston, TX, 77008

On Market

Price Drop

2 Beds

2 Bath

1,142 Sq Ft

$481.61 / sqft

Built in 1940

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher

Exterior

Lot Size6,521 sqft

Building Information

Year Built1940

Stories1

Garage Spaces1

Land Information

APN0600850100017

SubdivisionWest Heights

Land UseResidential

Legal DescriptionTR J BLK 10 WEST HEIGHTS

Census Tract510500

Assessed Land Value$652,000

Assessed Improvement Value$27,627

Assessment Year2025

About this property

Charming Heights bungalow tucked away on a highly sought-after cul-de-sac lot. This beautifully maintained home features 2 bedrooms, 2 bathrooms, and a versatile bonus space, all situated on an oversized lot. The open-concept layout is ideal for entertaining, offering a seamless flow between the dining area, living space, and expansive back deck overlooking the spacious yard. Enjoy the freedom of no HOA and no historic restrictions. Ideally located within walking distance to the Hike & Bike Trail, 11th Street, and the M-K-T development, with quick access to popular restaurants, shopping, and entertainment along Shepherd, 19th Street, and White Oak. Home is not located in a flood plain and has never flooded.

Investor Tools

$355,200Estimated Mortgage Balance

$324,427Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,078 /month

Positive

Cash Flow Estimate:

$1,359 /month

Interested in this property?

Seth Goldberg

Bramlett Residential

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$912/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,552

$679,627

2025

$652,000

$27,627

$679,627

Tax History

Year

Tax Paid

Assessed Value

2024

$7,552

$679,627

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$394,250

First

Apr 1, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$355,200

$324,427

47%

52%

$2,364/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,690/mo

$2,364/mo

$-674/mo

3.0%

Learn About the Market: Opportunity in Houston

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