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B+
NoAgentList RatingHow are grades calculated? Info

$638,000

916 Herkimer St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.47 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Range, Dishwasher, Oven

Exterior

Lot Size2,204 sqft

Building Information

Year Built2009
Garage Spaces2

Land Information

APN1286490010003
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 PALM CREST VIEW
Census Tract510500
Assessed Land Value$220,400
Assessed Improvement Value$366,600
Assessment Year2025

About this property

Discover the perfect blend of elegance and convenience in this stunning two-story home located in the heart of The Heights. Just steps from the Hike and Bike Trail, Heights Mercantile, and the vibrant M-K-T district, this home offers unparalleled access to premier shopping, dining, and entertainment. Upon entering, you’ll be greeted by travertine flooring that flows seamlessly through the living areas. The gourmet kitchen boasts granite countertops and sleek stainless steel appliances, making it a chef's dream. The first floor features two spacious bedrooms with rich hardwood flooring, offering both comfort and style. Upstairs, retreat to the expansive primary suite, complete with a generous walk-in closet and a luxurious spa-inspired bath. With its prime location just minutes from downtown, this home provides easy access to all your favorite shops and restaurants, making it one of the most desirable spots in The Heights. Experience the perfect combination of luxury and convenience!

Investor Tools

Property Icon
$638,000
Estimated Property Value
$506,976Estimated Mortgage Balance
$145,327Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,828 /month
Positive
Cash Flow Estimate:
$1,276 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,344
$587,000
2025
$220,400
$366,600
$587,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,344
$587,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Fha
$506,976
Yes
First
Oct 7, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$492,673
$145,327
22%
77%
$3,040/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,040/mo
$-810/mo
4.2%

Learn About the Market: Opportunity in Houston

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Explore

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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