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$175,000

1531 Marshall St Apt 6, Houston, TX, 77006

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths670 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$261.19 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Freestanding Oven, Oven, Microwave, Refrigerator, Dishwasher
FlooringTile, Vinyl Plank

Building Information

Year Built1975
Stories2

Land Information

APN0522220010006
Lot Number2
SubdivisionMandell Place
Land UseResidential
Legal DescriptionTR 6 335 S/F OF LT 2 BLK 2 1/7 U/D INT COMMON LAND & ELE 1531 MARSHALL T/H U/R MANDELL PLACE
Census Tract410703
Assessed Land Value$21,598
Assessed Improvement Value$92,078
Assessment Year2025

About this property

Welcome to your new favorite address in the heart of Montrose. This newly updated one-bedroom condo checks every box: stylish, low-maintenance, and move-in ready. Fresh neutral finishes and wood-look flooring flow throughout the bright, open living area, with a designated dining space. Head upstairs and you'll find a spacious suite with a walk-in closet and en suite bath — your own little escape at the end of the day. A private side entry and a cozy patio add just the right amount of breathing room, making this place feel much more like a home than a condo. And the location? Hard to beat. You're steps from local favorites like Lúa Viet Kitchen and The Waffle Bus, and right in the middle of everything Montrose is known for — art galleries, eclectic eateries, neighborhood pubs, parks, and some of the best people-watching in Houston. Whether you're a first-time buyer, downsizing, or just ready for a lifestyle upgrade, this one is absolutely worth a visit.

Investor Tools

$0Estimated Mortgage Balance
$113,676Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

Interested in this property?

Shelly Tran

Lighthouse Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
$303/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,379
$113,676
2025
$21,598
$92,078
$113,676
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,379
$113,676

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$113,676
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$303/mo
+$1,337/mo
17.3%

City: Houston

1531 Marshall St Apt 6 | Property Details | No Agent List