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$644,783

1647 Hawthorne St, Houston, TX, 77006

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths1,488 Sq Ft
Multi FamilyMulti Family
price_per_sqft$362.9 / sqft
Year BuiltBuilt in 1925

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Refrigerator
FlooringWood, Hardwood

Exterior

Lot Size5,301 sqft

Building Information

Year Built1925
Stories1
Garage Spaces2

Land Information

APN0540520040004
Lot Number4
SubdivisionWest Mandell Place
Land UseResidential
Legal DescriptionLT 4 BLK 4 WEST MANDELL PLACE
Census Tract410802
Assessed Land Value$636,000
Assessed Improvement Value$8,783
Assessment Year2025

About this property

Delightful duplex located in the lovely Mandell Place slice of Montrose, less than two blocks from the vibrant dining and retail scene along Westheimer. This property includes two 1 bedroom, 1 bath first-floor units, and a large, lush backyard. Investors take note: one of the units currently leases for $1,400/month and the other for $1,500/month, making this a great opportunity for a steady stream of rental income. As a good size lot in a prime location, this could also be the perfect space to build your dream home. For those not yet ready to build, the home could continue to be used as a rental property for now (and you could build at a later date). Hugo’s, Rosie Cannonball, Agora, Paulie’s, Anvil…these are just a few of the many Westheimer hot spots that will be right at your fingertips. H-E-B and The Menil are just a few blocks away too.

Investor Tools

Property Icon
$644,783
Estimated Property Value
$349,700Estimated Mortgage Balance
$307,786Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,869 /month
Positive
Cash Flow Estimate:
$1,290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,077/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,705
$644,783
2025
$636,000
$8,783
$644,783
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,705
$644,783

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$349,700
No
First
Jun 16, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,997
$307,786
47%
52%
$2,154/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,154/mo
$-194/mo
3.6%

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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