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$659,888

1406 Elliott St, Houston, TX, 77023

On MarketInfo
Just AddedInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths3,040 Sq Ft
Multi FamilyMulti Family
price_per_sqft$217.07 / sqft
Year BuiltBuilt in 1935

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesRange, Disposal, Refrigerator
FlooringTile, Wood, Hardwood, Vinyl

Exterior

Lot Size9,400 sqft

Building Information

Year Built1935
Garage Spaces2

Land Information

APN0542390000006
Lot Number6
SubdivisionBroadmoor
Land UseResidential
Legal DescriptionLT 6 BLK 3 BROADMOOR
Census Tract310600
Assessed Land Value$195,625
Assessed Improvement Value$147,582
Assessment Year2025

About this property

Lots of income opportunities are located in the Heart of the East End Revitalized Area. This property is a unique multi-family 4-plex. The Duplex in front has 2 bedrooms, 1 bath ($1450), and the other side is a 1-bedroom, 1 bath ($1250). has been nicely updated with Granite Kitchen Counter Tops and lots of cabinets. Spacious living room. Freshly painted inside and out. Laminate flooring in both units. Garage apt located upstairs in the back is a 1 bedroom 1 bath, ($1200) has been nicely updated, recently painted, and has hardwood floors. Lastly, the Bungalow in the back is a 1-bedroom, 1-bath home with an enclosed patio porch in its own compound, fully wrapped around a hardwood fence. Gigantic property with plenty of parking for each unit. Multi-family units are centrally located with easy access to I-45/I-59/610/I-10/I-225, minutes from Downtown, UH, Medical Center, The Rail & walking distance to The Metro Transit Station. Priced to sell.

Investor Tools

$321,195Estimated Mortgage Balance
$313,310Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,959 /month
Positive
Cash Flow Estimate:
$1,320 /month

Interested in this property?

Pualani Murillo

Urban Loop Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,856
$343,207
2025
$195,625
$147,582
$343,207
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,856
$343,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendsure Mortgage Corp
Conventional
$330,000
No
First
Jan 21, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,195
$22,012
6%
51%
$1,979/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,979/mo
+$247/mo
4.2%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1406 Elliott St | Property Details | No Agent List