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$689,000

NAL Estimated Property Value

1521 1/2 Welch Street, Houston, TX, 77006

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths2,845 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$0.88 / sqft
Year BuiltBuilt in 1996

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Oven, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,901 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN0180250000012
SubdivisionHyde Park
Land UseResidential
Legal DescriptionTR 12 BLK 25 HYDE PARK
Census Tract410402
Assessed Land Value$275,500
Assessed Improvement Value$274,500
Assessment Year2025

About this property

2.5 Story Traditional brick townhome with first floor living areas! This home offers an updated island kitchen with granite counters, tile backsplash, refaced cabinets and stainless appliances. Open formal living room and formal dining room. Three bedrooms on the second floor, including the primary bedroom. Huge upstairs game room! Two (13 seer) A/C units. Patio with paver and no maintenance fee! Refrigerator, washer & dryer included! Prime Montrose Area within walking distance to multiple parks, River Oaks Shops & trendy Montrose restaurants, Whole Foods Market and bike and running Trails. A MUST SEE!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$948/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,926
$550,000
2025
$275,500
$274,500
$550,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,926
$550,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jfq Lending Inc
Conventional
$388,148
No
First
Jun 11, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,751
$337,249
48%
51%
$2,328/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,328/mo
+$252/mo
4.5%

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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1521 1/2 Welch Street | Property Details | No Agent List