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$250,000

1612 Common Street, Houston, TX, 77009

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths1,260 Sq Ft

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size4,548 sqft

Building Information

Year Built1930
Stories1

Land Information

APN0031650000003
SubdivisionAllen A C
Land UseResidential
Legal DescriptionTRS 3 & 4A BLK 16-2 ALLEN A C
Census Tract212300
Assessed Land Value$176,475
Assessed Improvement Value$42,392
Assessment Year2025

About this property

Rare opportunity to purchase a lot in a rapidly growing area just minutes from Downtown Houston, The Heights, EaDo, and major freeways. Conveniently located near popular restaurants, shopping, entertainment venues, parks, and professional sporting events. Enjoy easy access to White Oak Music Hall, M-K-T Heights, Buffalo Bayou Park, Daikin Park, and Houston's Theater District. Property is being sold for lot value only. Existing structure is not being shown, and no interior access will be provided. Buyer to independently verify all development requirements, restrictions, utilities, lot dimensions, and intended use. Surrounded by ongoing redevelopment and new construction, this property offers exciting possibilities in one of Houston's most dynamic urban corridors. Excellent opportunity for investors, builders, or those looking to create a custom home in a prime Houston location.

Investor Tools

$0Estimated Mortgage Balance
$295,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Connie Kitkoski

Top Guns Realty on Lake Conroe

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,586
$218,867
2025
$176,475
$42,392
$218,867
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,586
$218,867

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$295,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
5.3%

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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