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$165,000

2601 Alabama Street, Houston, TX, 77004

PendingInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5,001 sqft

Land Information

APN0192030050019
Lot Number19,20
SubdivisionSmith Furniture Co
Land UseResidential
Legal DescriptionLTS 19 & 20 BLK 5 SMITH FURNITURE CO SEC 2
Census Tract312400
Assessed Land Value$165,000
Assessment Year2025

About this property

Exceptional investment opportunity in the heart of Midtown Houston! This cleared 5,000 SF lot sits in one of Houston's hottest urban corridors — and the momentum here is only building. The City's Midtown TIRZ Capital Improvement Plan have plans to improve roadway, infrastructure, and pedestrian upgrades on streets directly surrounding this property. Just blocks away, the Main Street Promenade project is transforming 7 downtown blocks into a walkable pedestrian destination, completing ahead of Houston's FIFA World Cup 2026 matches. Steps from Baldwin Park and walkable to top restaurants, coffee shops, and nightlife along Main Street. Hop on the METRORail for seamless access to Downtown, the Texas Medical Center, and the Museum District. Neighborhood property values have surged — and reinvestment is still accelerating. This is a prime build-to-sell/build-to-rent play in a corridor commanding premium new construction prices. Plant your stake where Houston's future is actively being built.

Investor Tools

$0Estimated Mortgage Balance
$482,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,892 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,452
$165,000
2025
$165,000
N/A
$165,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,452
$165,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$482,000
100%
0%
$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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2601 Alabama Street | Property Details | No Agent List