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$865,540

NAL Estimated Property Value

1632 W Alabama St, Houston, TX, 77006

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths3 Bath
Baths2,388 Sq Ft
price_per_sqft$335.01 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size7,501 sqft

Building Information

Year Built1920
Stories2

Land Information

APN0522210000016
SubdivisionMandell Place
Land UseCommercial
Legal DescriptionTRS 16 & 17A BLK 1 MANDELL PLACE
Census Tract410802
Assessed Land Value$776,250
Assessed Improvement Value$89,290
Assessment Year2025

About this property

Listed below HCAD value! This property is being sold with contiguous properties 1616 and 1622 W Alabama. Income producing commercial building, currently tenant occupied. In the heart of the city with an abundance of parking. Walkability to the Menil, local restaurants and cafes. Charming tree lined location with tremendous potential in the heart of the city.

Investor Tools

Property Icon
$865,540
Estimated Property Value
$0Estimated Mortgage Balance
$865,540Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,193 /month
Positive
Cash Flow Estimate:
$1,731 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,867/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,075
$865,540
2025
$776,250
$89,290
$865,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,075
$865,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Frost National Bank
Commercial
$249,000
No
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$865,540
100%
0%
$0/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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1632 W Alabama St | Property Details | No Agent List