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Owner Contacts

$1,690,000

NAL Estimated Property Value

918 Harvard St, Houston, TX, 77008

Off Market

4 Beds

4 Bath

3,802 Sq Ft

Single Family Residence

$348.47 / sqft

Built in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Electric Oven, Gas Cooktop, Dishwasher

FlooringWood

Exterior

Lot Size6,599 sqft

Building Information

Year Built2000

Garage Spaces2

Land Information

APN0202250000017

Lot Number17

SubdivisionHouston Heights

Land UseResidential

Legal DescriptionLT 17 BLK 229 HOUSTON HEIGHTS

Census Tract510400

Assessed Land Value$660,000

Assessed Improvement Value$840,000

Assessment Year2025

About this property

Stately Heights Home with timeless style in the heart of the Historic Houston Heights & Zoned to Harvard Elementary! This light and bright home has all the spaces to provide ultimate functionality including a first floor study, welcoming formal living & formal dining w/ butler’s pantry, spacious kitchen opening to breakfast area & large living room, oversized primary suite w/ sitting room & private screened porch w/ tranquil views of the beautifully landscaped yard plus a finished third floor with 4th bedroom/full bath/office space & an oversized garage apartment. The classic & historic finishes blend w/ modern touches and tall ceilings are warm and inviting. Desirable exterior spaces include a lush backyard with a mature tree for shade, front and back porches plus extra front driveway space & oversized garage w/ alley access. Recent updates include roof, interior paint & water filtration. Close proximity to Harvard Elementary, Heights hike/bike trail & many area parks & restaurants!

Investor Tools

$1,690,000

Estimated Property Value

$1,114,678Estimated Mortgage Balance

$575,322Estimated Equity

29% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,140 /month

Positive

Cash Flow Estimate:

$3,380 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,469/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$21,184

$1,500,000

2025

$660,000

$840,000

$1,500,000

Tax History

Year

Tax Paid

Assessed Value

2024

$21,184

$1,500,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cherry Creek Mortgage Co Inc

Conventional

$749,000

First

Dec 23, 2020

Jan 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,114,678

$468,322

29%

66%

$7,172/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$7,172/mo

$-4,292/mo

2.0%

Learn About the Market: Opportunity in Houston

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