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$795,000

1823 W Main St Unit 4, Houston, TX, 77098

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths3,246 Sq Ft
QuadruplexQuadruplex
price_per_sqft$244.92 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available

Exterior

Lot Size8,250 sqft

Building Information

Year Built1935
Garage Spaces2

Land Information

APN0382250000003
Lot Number3
SubdivisionMontlew Place
Land UseCommercial
Legal DescriptionLT 3 & TR 10 BLK 12 MONTLEW PLACE
Census Tract410801
Assessed Land Value$948,750
Assessed Improvement Value$151,247
Assessment Year2025

About this property

Exceptional investment opportunity on a well-positioned extra-deep lot improved with a fourplex currently occupied by month-to-month tenants. This income-producing property offers immediate cash flow while providing significant future redevelopment potential. Located in a rapidly evolving area surrounded by new construction, with convenient access to H-E-B, museums, restaurants, and entertainment venues. Property features original hardwood floors, shared washer and dryer facilities, and garage parking for 4 vehicles. Units available for viewing upon execution of a contract. Ideal for investors, developers, or buyers seeking a well-located asset with both current income and future building opportunities.

Investor Tools

$0Estimated Mortgage Balance
$1,099,997Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

Interested in this property?

Cameron Holzer

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,894/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,223
$1,099,997
2025
$948,750
$151,247
$1,099,997
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$17,223
$1,099,997

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,099,997
100%
0%
$0/mo

City: Houston

1823 W Main St Unit 4 | Property Details | No Agent List