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$1,337,000

NAL Estimated Property Value

1745 W Alabama Street 2, Houston, TX, 77098

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,650 Sq Ft
DuplexDuplex
price_per_sqft$1.12 / sqft
Year BuiltBuilt in 1925

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size6,599 sqft

Building Information

Year Built1925

Land Information

APN0540390000003
SubdivisionLancaster Place Extn 3
Land UseResidential
Legal DescriptionTRS 3 & 4A BLK 10 LANCASTER PLACE EXTN 3
Census Tract410801
Assessed Land Value$759,000
Assessed Improvement Value$269,101
Assessment Year2025

About this property

SHORT TERM: 6-9 month rental term residential or commercial. Large upstairs duplex with frontage on W. Alabama available immediately in the heart of Montrose. Over 1600 SF, Two bedroom, one bath, additional flex space, large living and separate dining, patio, kitchen and breakfast space. Ample closet and storage space. Off street parking reserved for unit. Please note the downstairs tenants is a spa that operates during day time hours.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,438
$1,028,101
2025
$759,000
$269,101
$1,028,101
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,438
$1,028,101

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Capital Mtg
N/A
$207,000
N/A
First
Dec 11, 1997
Jan 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,166
$1,318,834
98%
1%
$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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1745 W Alabama Street 2 | Property Details | No Agent List