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Days53Days on Market
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$515,000

1621 Wellington St # A, Houston, TX, 77093

On MarketInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths3,438 Sq Ft
Multi FamilyMulti Family
price_per_sqft$149.8 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesRange, ENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher, Refrigerator
FlooringVinyl

Exterior

Lot Size5,998 sqft

Building Information

Year Built2023

Land Information

APN1470810010001
Lot Number1
Land UseResidential Duplex
Legal DescriptionLT 1 BLK 1 VILLAGE AT WELLINGTON STREET
Census Tract221100
Assessed Land Value$57,456
Assessed Improvement Value$418,210
Assessment Year2025

About this property

Stunning luxury duplex offering exceptional investment potential and a rare house-hacking opportunity. One side is currently occupied by a long-term tenant, providing immediate rental income, while the other unit is move-in ready for an owner-occupant or additional tenant. Each unit features 3 bedrooms, 2.5 baths, an open-concept layout, nine-foot ceilings, granite countertops, soft-close cabinetry, luxury vinyl flooring, walk-in pantry, spacious laundry room, and upscale finishes throughout. No HOA or deed restrictions and not located in a flood zone. Ample parking and conveniently located within 15 minutes of Downtown Houston and The Heights. Ideal for investors or buyers looking to live in one unit and generate income from the other. Schedule your private tour today!

Investor Tools

Property Icon
$525,000
Estimated Property Value
$499,000Estimated Mortgage Balance
$37,795Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

Ilhan Mohamud

Substantia Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,349
$475,666
2025
$57,456
$418,210
$475,666
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,349
$475,666

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Geneva Financial Llc
Va
$499,000
Yes
First
Jan 17, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$487,205
$37,795
7%
93%
$2,992/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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1621 Wellington St # A | Property Details | No Agent List