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Owner Contacts

$625,000

935 W Cottage St, Houston, TX, 77009

Off Market

2 Beds

1 Bath

1,182 Sq Ft

Single Family Residence

$465.31 / sqft

Built in 1920

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringMarble, Wood

Exterior

Lot Size5,201 sqft

Building Information

Year Built1920

Stories1

Garage Spaces2

Land Information

APN0621330190010

Lot Number10

SubdivisionEast Norhill

Land UseResidential

Legal DescriptionLT 10 BLK 219 EAST NORHILL

Census Tract511400

Assessed Land Value$468,000

Assessed Improvement Value$157,000

Assessment Year2025

About this property

Situated on a prime corner in historic East Norhill of the Heights! This 2 bed, 1 bath cottage is ready for move-in! Previously remodeled including new PEX plumbing, electrical, roof, foundation (2018-2019) plus a fabulous, new (2021) garage structure that doubles as a covered, outdoor entertaining area with automatic gate and fenced yard! Open concept living/dining is open to kitchen with Carrara marble counters, stainless appliances and utility/mudroom off back door. Both bedrooms share marble-clad bath with double sinks and walk-in shower with glass door. Refinished oak floors throughout plus newly added plantation shutters for privacy. Great walkability to nearby Heights attractions, dining and parks. All per seller.

Investor Tools

$625,000

Estimated Property Value

$472,500Estimated Mortgage Balance

$191,893Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,750 /month

Positive

Cash Flow Estimate:

$1,250 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,110/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,189

$625,000

2025

$468,000

$157,000

$625,000

Tax History

Year

Tax Paid

Assessed Value

2024

$10,189

$625,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bancorporation Na

Stand Alone First / Home Equity First Lien

$472,500

First

Dec 28, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$433,107

$191,893

30%

69%

$2,833/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$2,833/mo

$-1,526/mo

2.5%

Learn About the Market: Opportunity in Houston

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