B+

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Owner Contacts

$1,260,000

NAL Estimated Property Value

915 Tulane St, Houston, TX, 77008

Off Market

3 Beds

3 Bath

2,711 Sq Ft

Single Family Residence

$2.03 / sqft

Built in 2011

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile, Wood

Exterior

Private Pool

Lot Size6,599 sqft

Building Information

Year Built2011

Garage Spaces2

Land Information

APN0202310000010

Lot Number10

SubdivisionHouston Heights

Land UseResidential

Legal DescriptionLT 10 & TR 11 BLK 235 HOUSTON HEIGHTS

Census Tract510500

Assessed Land Value$660,000

Assessed Improvement Value$539,727

Assessment Year2025

About this property

Incredible rental opportunity w/POOL, BACKYARD OASIS, COVERED BACK PORCH, WELCOMING FRONT PORCH, UNBEATABLE WALKABILITY & MOVE-IN READY! Perfect home to BEAT THE SUMMER HEAT! Features 3 bedroom + well-appointed OFFICE in the front (1st floor), 2.5 bath, open floorplan & wine room to store approximately 120 bottles! You will appreciate the fireplace, spacious dining area, gorgeous kitchen with abundant counter space & secondary counter space facing the backyard. Plantation shutters throughout. Upstairs features 2 spacious secondary bedrooms with walk-in closets & beautiful dual vanity bath with a shower/tub combo. Expansive primary suite with a large walk-in closet, spa-like dual vanity bath with an elegant free standing soaking tub and huge frame-less glass shower with dual spray heads and controls. Ideally located two blocks from the Hike/Bike Trail and walking distance to numerous local restaurants and shops & more! Don't miss this fabulous home to enjoy the Heights living!

Investor Tools

$1,260,000

Estimated Property Value

$496,886Estimated Mortgage Balance

$763,114Estimated Equity

60% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,560 /month

Positive

Cash Flow Estimate:

$2,520 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,816/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,486

$1,199,727

2025

$660,000

$539,727

$1,199,727

Tax History

Year

Tax Paid

Assessed Value

2024

$15,486

$1,199,727

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$548,300

First

Jun 10, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$496,886

$767,114

60%

39%

$3,288/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$3,288/mo

$-1,058/mo

2.1%

Learn About the Market: Opportunity in Houston

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