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$846,000

NAL Estimated Property Value

1601 Colquitt St, Houston, TX, 77006

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths2,271 Sq Ft
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 1925

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer, Washer, Dishwasher

Exterior

Lot Size6,181 sqft

Building Information

Year Built1925
Garage Spaces2

Land Information

APN0522650000001
SubdivisionLancaster Place Extn
Land UseResidential
Legal DescriptionTRS 1A & 2A BLK 5 LANCASTER PLACE EXTN SEC 2
Census Tract410801
Assessed Land Value$709,900
Assessed Improvement Value$100
Assessment Year2025

About this property

Cool, Comfortable & Close to Rice University! Perfect for students, this spacious and stylish 4BR, 2BA! 2 fully equipped kitchens a rare and desirable touch that makes cooking easy! Each kitchen comes with a gas cooktop and full-size refrigerator, allowing tenants to prepare meals or snacks at the same time without interference.The home also includes two breakfast rooms, a dining room, and a large living room filled with natural light that can easily accommodate a large couch or two sofas; perfect for entertaining and lounging. 2 central AC units keep the home comfortable even in the Houston heat.Upstairs, the spacious and sunlit loft offers its own private sink and refresh area, seating, and ample shelving, creating the perfect retreat for quiet study or downtime. Located just minutes from Rice University and the University of St. Thomas. The home keeps you connected to the vibrant local life while offering three reserved parking spots for tenants and ample street parking for guests.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,570/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,615
$710,000
2025
$709,900
$100
$710,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,615
$710,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$873,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
3.7%

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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1601 Colquitt St | Property Details | No Agent List