
$1,750,000
NAL Estimated Property Value1603 & 1607 Welch Street, Houston, TX, 77006
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Interior
About this property
Incredible opportunity to own two multi unit buildings with eight one bedroom apartments each. Total of 16 one bedroom apartment units. Each unit with one reserved parking. Wonderful Montrose location with high occupancy rate. Central uitlity room for each building. Each building with 8 units - 4 units on the ground floor and 4 units on the second floor. Both building with same floor plan and parking spaces (mirror image of each other). No carpet in units either tile floors or laminate floors. Some units with splits AC units and others with cool and heat window units. Each unit pays for their own electricity. Water fee is $25 per month for single occupancy. Additional $25 water fee per occupant. Tax record for each building as follows: 052-077-001-0004 for 1607 Welch and 052-077-001-0002 for 1603 Welch.
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Learn About the Market: Opportunity in Houston




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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.
Population Growth
~1.2%
Net Migration
Positive
Median Home Price
$261,700
Unemployment Rate
4.10%
Price Trend
~2–4% YoY growth
New Permits
~6,800 units
City: Houston
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