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$872,761

NAL Estimated Property Value

1616 W Alabama St Apt 4, Houston, TX, 77006

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,624 Sq Ft
Multi FamilyMulti Family
price_per_sqft$304.88 / sqft
Year BuiltBuilt in 1948

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6,874 sqft

Building Information

Year Built1948

Land Information

APN0522210000014
SubdivisionMandell Place
Land UseCommercial
Legal DescriptionTRS 14 & 15A BLK 1 MANDELL PLACE
Census Tract410802
Assessed Land Value$790,625
Assessed Improvement Value$82,136
Assessment Year2025

About this property

Priced individually and being sold with 2 additional contiguous properties 1622 and 1642 W Alabama. Income producing 4plex in the heart of the city. 4 1 bedroom 1 bath units with living rooms and full kitchen. An abundance of parking in the rear of the building. Walkability to local bars, restaurants, cafes, and the Menil. Extreme potential with this property!

Investor Tools

Property Icon
$872,761
Estimated Property Value
$0Estimated Mortgage Balance
$872,761Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,237 /month
Positive
Cash Flow Estimate:
$1,746 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,903/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,470
$872,761
2025
$790,625
$82,136
$872,761
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,470
$872,761

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$872,761
100%
0%
$0/mo

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.

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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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1616 W Alabama St Apt 4 | Property Details | No Agent List