Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,549,000

1660 Hawthorne Street, Houston, TX, 77006

Under ContractInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths5,922 Sq Ft
Multi FamilyMulti Family
price_per_sqft$261.57 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDisposal, Microwave, Dishwasher, Refrigerator
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size8,255 sqft

Building Information

Year Built1940

Land Information

APN0540510010003
SubdivisionWest Mandell Place
Land UseCommercial
Legal DescriptionTRS 3 & 4 BLK 1 WEST MANDELL PLACE
Census Tract410802
Assessed Land Value$866,775
Assessed Improvement Value$558,865
Assessment Year2025

About this property

Discover a rare multifamily investment in one of Houston’s most sought-after neighborhoods! This well-maintained 8-unit complex offers a high-demand rental location just minutes from Downtown, the Medical Center, and major employment hubs. Featuring spacious one-bedroom units, this income-producing property is perfect for long-term hold or value-add potential. Nestled in vibrant Montrose, tenants enjoy walkability to trendy restaurants, coffee shops, and nightlife, plus easy access to parks and cultural landmarks. Each unit is individually metered, and recent upgrades include updated interiors, modern appliances, and in-unit washer/dryer. With consistent occupancy rates and strong rental income, this property presents an exceptional investment opportunity in a rapidly appreciating market. Don’t miss out on this turnkey asset in an unbeatable location!

Investor Tools

$831,973Estimated Mortgage Balance
$593,667Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,294 /month
Positive
Cash Flow Estimate:
$3,098 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,206/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,344
$1,425,640
2025
$866,775
$558,865
$1,425,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,344
$1,425,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bankfinancial Fsb
Commercial
$962,500
No
First
Jul 8, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$831,973
$593,667
41%
58%
$5,771/mo

City: Houston

1660 Hawthorne Street | Property Details | No Agent List