14
Map
$595,000
●
House -
For Sale
1118 Tulane Street
Houston, TX 77008
2 Beds
1 Bath
1,028 Ft²
$3,952
Est. Monthly
2.94%
Cap Rate
About This Property
Builders, Investors & Houston Heights lovers, this is a truly rare
opportunity! This property offers the potential to restore & build
an addition to one of the only "contributing" stone masonry homes
in the Houston Heights Historic District. Seller is already working
through an architect with City of Houston's Office of Preservation
to provide the COA (Certificate of Appropriateness), an
extraordinary value to the end-buyer. For more information on
Houston Heights building restrictions, check with City of Houston
Planning & Development. Large lot is 6,600 sqft per HCAD & tucked
away in one of the best pockets of the Heights, close to area
restaurants, shops, parks & trails with a convenient location to
downtown. Please reach out to listing agent for more information
and/or a private tour of the property.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$579
Property Type
House
Property Taxes
$1,030
HOA Dues
-
Year Built
1930
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (HAR #76546965)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2025 | Listed by Coldwell Banker Realty - Bellaire-Metropolitan | $595,000 | |
| Listed by Coldwell Banker Realty - Bellaire-Metropolitan | |||
| Mar 7, 2025 | Price Decreased |
$595,000
↓ $55K
(8.5%) | |
| Price Decreased | |||
| Jan 28, 2025 | Listed | $649,900 | |
| Listed | |||
| | |||
|
Builders, Investors & Houston Heights lovers, this is a truly rare opportunity! This property offers the potential to restore & build an addition to one of the only "contributing" stone masonry homes in the Houston Heights Historic District. Seller is already working through an architect with City of Houston's Office of Preservation to provide the COA (Certificate of Appropriateness), an extraordinary value to the end-buyer. For more information on Houston Heights building restrictions, check with City of Houston Planning & Development. Large lot is 6,600 sqft per HCAD & tucked away in one of the best pockets of the Heights, close to area restaurants, shops, parks & trails with a convenient location to downtown. Please reach out to listing agent for more information and/or a private tour of the property.
| |||
Property Highlights
Interior Details
Full Bathrooms: 1
Interior Features: 2 Bedrooms Down, All Bedrooms Down
Flooring Type: Tile, Wood
Exterior Details
Square Footage: 1028
Architectural Style: Traditional
Year Built: 1930
Building Area Total: 1028
Other Structures: Shed(s)
Construction Materials: Stone, Wood Siding
Lot Features: Back Yard, Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.1515
Lot Size Units: Acres
Lot Size Acres: 0.1515
Lot Size Square Feet: 6599.34
Water Source: Public
Financial Details
Tax Annual Amount: $12,360
Utilities Details
Cooling Type: None
Heating Type: None
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kenneth Jones, Coldwell Banker Realty - Bellaire-Metropolitan
Last Updated: 2 years ago
Data Source: HAR , MLS# 76546965
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 2 years ago
Data Source: HAR , MLS# 76546965
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017