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$699,000

NAL Estimated Property Value

925 Cortlandt St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,432 Sq Ft
price_per_sqft$488.13 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
FlooringVinyl, Wood

Exterior

Lot Size6,599 sqft

Building Information

Year Built1920
Garage Spaces2

Land Information

APN0202250000007
Lot Number7
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 7 BLK 229 HOUSTON HEIGHTS
Census Tract510400
Assessed Land Value$660,000
Assessed Improvement Value$37,732
Assessment Year2025

About this property

Exceptional Opportunity in the Historic Heights! Charming pier-&-beam bungalow, currently 3-bedroom, 1-bath home, is brimming w/ potential & ready for its next chapter. Nestled on an oversized lot, there's ample green space to expand & bring your vision to life. Adding to its appeal is a 1-bedroom apartment situated above a detached 4-car garage. Minimal effort & this space could serve as an income-generating rental or comfortable living area while you renovate the main house. The front home features a screened-in porch, perfect for soaking in the charm of this sought-after neighborhood. Inside, you'll find a hidden gem: a dropped ceiling that, when removed, reveals an additional 2.5–3 feet of height & authentic shiplap ceilings! This property offers a blank canvas for you to design your dream home in a location that can't be beat—just two blocks from Heights Boulevard, trails, parks, restaurants, & entertainment. Create your dream home in one of Houston's most desirable neighborhoods.

Investor Tools

Property Icon
$699,000
Estimated Property Value
$775,023Estimated Mortgage Balance
$699,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,544/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,036
$697,732
2025
$660,000
$37,732
$697,732
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,036
$697,732

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lonestar Flipco Financial Llc
Commercial
$733,500
No
First
May 7, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$775,023
N/A
0%
111%
$4,728/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$4,728/mo
$-2,498/mo
3.8%

City: Houston

925 Cortlandt St | Property Details | No Agent List