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$2,042,000

NAL Estimated Property Value

1612 W Alabama Street B, Houston, TX, 77006

Off MarketInfo
LeaseInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths780 Sq Ft
Multi FamilyMulti Family
price_per_sqft$2.05 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesElectric Cooktop, Dryer, Washer/Dryer Stacked, Washer
FlooringLaminate, Tile

Exterior

Lot Size6,874 sqft

Building Information

Year Built1920

Land Information

APN0522210000013
SubdivisionMandell Place
Land UseResidential
Legal DescriptionTRS 13 & 14A BLK 1 MANDELL PLACE
Census Tract410802
Assessed Land Value$790,625
Assessed Improvement Value$368,875
Assessment Year2025

About this property

Incredible apartment conveniently located within walking distance of HEB, the Menil Collection, and numerous other restaurants and shops. Plus, the lease price includes water and electricity. You'll also find the convenience of a stacked washer and dryer right in the unit.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,923/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,865
$1,159,500
2025
$790,625
$368,875
$1,159,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$24,865
$1,159,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Bank Fsb
Credit Line (Revolving) / Heloc
$70,000
No
First
Aug 26, 2005
Aug 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$889,494
$1,152,506
56%
44%
$5,577/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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