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$884,302

NAL Estimated Property Value

1753 W Alabama 1, Houston, TX, 77098

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths2,812 Sq Ft
ApartmentApartment
Year BuiltBuilt in 1925

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size6,599 sqft

Building Information

Year Built1925
Garage Spaces10

Land Information

APN0540390000001
SubdivisionLancaster Place Extn 3
Land UseCommercial
Legal DescriptionTRS 1 & 2A BLK 10 LANCASTER PLACE EXTN 3
Census Tract410801
Assessed Land Value$759,000
Assessed Improvement Value$125,302
Assessment Year2025

About this property

Short term - 6 - 9 months. Available 4/8 move-in. Well maintained 4-plex in the heart of Montrose. Walk everywhere. One bedroom, one bath, hardwoods throughout, gas stove, off-street parking. Call agent to tour today.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,872/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,044
$884,302
2025
$759,000
$125,302
$884,302
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,044
$884,302

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mighty Equities Lp
Unknown
$2,000,000
No
First
Jul 24, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,970,748
N/A
0%
223%
$11,992/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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1753 W Alabama 1 | Property Details | No Agent List