Last 24 Hours
$741,847
NAL Estimated Property Value1801 Palm Street, Houston, TX, 77004
Off Market
Commercial
1 Beds
1 Bath
2,839 Sq Ft
$214.86 / sqft
Built in 1946Highlights
Interior
Bedrooms 1
Bathrooms Full 1
Garage Available
Heating Forced Air Unit
CoolingExterior
Lot Size6,499 sqft
Building Information
Year Built1946
Garage Spaces2
Land Information
APN0332480020011
Lot Number12
SubdivisionSouthmore 106
Land UseCommercial
Legal DescriptionLT 12 & TR 11 BLK 5 SOUTHMORE 106
Census Tract312602
Assessed Land Value$520,000
Assessed Improvement Value$221,847
Assessment Year2025
About this property
Fully rented fourplex located in the Museum District! The property has three 1-bedroom/1-bathroom units (including a garage apartment) and one 3bedroom/2bath unit on the second level of the house. The units feature central air, hardwood floors, in unit washer/dryers, and a gated courtyard. Wonderful location so close to the medical center and downtown!!
Investor Tools
$741,847
Estimated Property Value
$502,312Estimated Mortgage Balance
$239,535Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,451 /month
Positive
Cash Flow Estimate:
$1,484 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,558/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,985
$741,847
2025
$520,000
$221,847
$741,847
No
Tax History
Year
Tax Paid
Assessed Value
2024
$14,985
$741,847
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$548,000
No
First
Dec 31, 2021
Jan 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$502,312
$239,535
32%
68%
$3,286/mo
12.4%