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$1,295,000

1601 Westheimer Road #C, Houston, TX, 77006

On MarketInfo
Just AddedInfo
Beds8 Beds
Baths4 Bath
Baths4,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$316.78 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size5,349 sqft

Building Information

Year Built1945
Stories2
Garage Spaces4

Land Information

APN0522300000021
Lot Number21
SubdivisionMandell Place
Land UseCommercial
Legal DescriptionLT 21 BLK 10 MANDELL PLACE
Census Tract410802
Assessed Land Value$535,000
Assessed Improvement Value$283,262
Assessment Year2025

About this property

Rare opportunity to own a 4,088 SF freestanding office in the heart of Montrose. This turnkey property is ideally configured for professional services and includes seven dedicated, gated parking spaces. Located on highly visible Westheimer Road, the property offers exceptional access to one of Houston’s most vibrant, walkable neighborhoods, surrounded by popular dining, retail and amenities.

Investor Tools

Property Icon
$818,262
Estimated Property Value
$0Estimated Mortgage Balance
$490,314Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,770 /month
Positive
Cash Flow Estimate:
$2,590 /month

Interested in this property?

Mark Davis

Davis Commercial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,762/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,058
$818,262
2025
$535,000
$283,262
$818,262
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,058
$818,262

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Riecke Baumann
Commercial
$595,000
No
First
Oct 8, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,948
$490,314
59%
40%
$3,568/mo

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 Westheimer Road #C | Property Details | No Agent List