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$1,362,300

NAL Estimated Property Value

109 Welch St, Houston, TX, 77006

Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths3,334 Sq Ft
price_per_sqft$539.89 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Gas Cooktop, Dishwasher, Refrigerator
FlooringConcrete, Marble, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built1928
Garage Spaces2

Land Information

APN0140210000001
Lot Number1
SubdivisionFairgrounds Extn
Land UseResidential
Legal DescriptionLT 1 BLK 9 FAIRGROUNDS EXTN
Census Tract410502
Assessed Land Value$500,000
Assessed Improvement Value$862,300
Assessment Year2025

About this property

Newly renovated 1928 service station/ printing press turned into a one of a kind luxury home in the heart of Montrose. This modern industrial masterpiece comes with an attached mother-in-law suite with full kitchen, living, bathroom and laundry. The main house features soaring 30 ft ceilings, designer finishes throughout, expansive master retreat, brand new Sub Zero appliances, turfed outdoor space, dry bar, over sized 15 ft island and much more! The property is completely gated and fenced in for privacy.

Investor Tools

Property Icon
$1,362,300
Estimated Property Value
$1,265,239Estimated Mortgage Balance
$97,061Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,800 /month
Positive
Cash Flow Estimate:
$3,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,160/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,105
$1,362,300
2025
$500,000
$862,300
$1,362,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,105
$1,362,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Whitney Bank
Conventional
$1,440,000
No
First
Apr 30, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,265,239
$97,061
7%
93%
$5,690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,690/mo
$-3,110/mo
2.3%

City: Houston

109 Welch St | Property Details | No Agent List