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$1,282,000

1606 W Alabama Street A, Houston, TX, 77006

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths1 Bath
Baths1,700 Sq Ft
DuplexDuplex
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 1937

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringWood

Exterior

Lot Size9,374 sqft

Building Information

Year Built1937
Stories2
Garage Spaces3

Land Information

APN0522210000012
Lot Number12
SubdivisionMandell Place
Land UseResidential
Legal DescriptionLT 12 & TR 13A BLK 1 MANDELL PLACE
Census Tract410802
Assessed Land Value$1,096,402
Assessed Improvement Value$100
Assessment Year2025

About this property

Spacious Downstairs unit in two-story duplex. Right in the heart of Montrose. Great location adjacent to the Menil Campus; minutes from downtown, University of St. Thomas, Rice University and Medical Center. Two bedrooms plus sunroom or study that can be used as third bedroom; one bathroom. Hardwood floors, washer/dryer on property, dishwasher, garbage disposal, gas oven. Water and yard maintenance included. Private 2 car garage.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,694
$1,096,502
2025
$1,096,402
$100
$1,096,502
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,694
$1,096,502

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Direct Mortgage Llc
Conventional
$675,500
No
First
Apr 18, 2024
May 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$856,573
$425,427
33%
67%
$5,292/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$5,292/mo
$-1,952/mo
3.1%

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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