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$2,500

1745 Lexington St, Houston, TX, 77098

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,443 Sq Ft
DuplexDuplex
price_per_sqft$1.73 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,396 sqft

Building Information

Year Built1939

Land Information

APN0660870080002
Land UseResidential
Legal DescriptionTRS 2 & 3A BLK 8 RICHWOOD
Census Tract410900
Assessed Land Value$603,000
Assessed Improvement Value$347,000
Assessment Year2025

About this property

Charming and recently updated 2-bedroom, 2-bath duplex in the heart of Montrose! This well-located home offers a spacious kitchen with stainless steel appliances, gas range, quartz countertops, and ample prep space, perfect for everyday cooking or entertaining. The open-concept living and dining area provides a comfortable, flexible layout with great natural flow. Enjoy a spacious backyard with automated gate entry, adding both privacy and convenience. With charming curb appeal and a prime Montrose location near the Museum District, Medical Center, Downtown, dining, coffee shops, nightlife, and many of Houston’s favorite hotspots, this home offers the perfect blend of comfort, style, and convenience. All utilities and yard maintenance are included for an additional $150/month. WiFi and security system are optional for an additional fee.

Investor Tools

$873,895Estimated Mortgage Balance
$121,105Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

Interested in this property?

Sofia Rallis

Realm Real Estate Professionals - Katy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,174
$950,000
2025
$603,000
$347,000
$950,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,174
$950,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendingone Llc
Commercial
$648,600
No
First
Mar 31, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$873,895
$121,105
12%
88%
$5,388/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$5,388/mo
$-2,048/mo
4.0%

City: Houston