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$847,000

NAL Estimated Property Value

1605 Welch Street C, Houston, TX, 77006

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths2,794 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$285.97 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size1,403 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1362190010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 ALLEGRO MODERN MANOR
Census Tract410402
Assessed Land Value$133,285
Assessed Improvement Value$627,489
Assessment Year2025

About this property

Must see contemporary townhome, freestanding, and located in the heart of Montrose. This custom four bedroom design with 4.5 baths offers, premium upgrades throughout the home. From Bosch appliances, modern custom cabinetry, Southstone, and granite countertops, and a spacious living room with a stunning marble fireplace. And when you want to climb above it all the top floor offers a family room and a newly renovated outdoor deck space with Parfect downtown skyline views. Space centrally located between Montrose and River Oaks – minutes from every intercity convenience, top restaurants, top shopping, the Houston zoo, med center and so much more. Call your agents for a tour today – you won’t want to miss this home built just for you.

Investor Tools

Property Icon
$847,000
Estimated Property Value
$459,542Estimated Mortgage Balance
$387,458Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,082 /month
Positive
Cash Flow Estimate:
$1,694 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,270/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,011
$760,774
2025
$133,285
$627,489
$760,774
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,011
$760,774

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stellar Bank
Commercial
$540,000
No
First
Dec 27, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$459,542
$387,458
45%
54%
$3,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,538/mo
$-958/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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1605 Welch Street C | Property Details | No Agent List