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$1,329,099

331 W 17th Street, Houston, TX, 77008

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths5,888 Sq Ft
Multi FamilyMulti Family
price_per_sqft$236.07 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating RadiantHeating Radiant
CoolingCooling
AppliancesDisposal, Microwave, Refrigerator

Exterior

Lot Size9,901 sqft

Building Information

Year Built1960
Stories2
Garage Spaces6

Land Information

APN0201160000033
Lot Number33-35
SubdivisionHouston Heights
Land UseCommercial
Legal DescriptionLTS 33 34 & 35 BLK 120 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$742,500
Assessed Improvement Value$586,599
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. Amazing opportunity to own a 10 units complex in the Heights. One bedroom units with covered parking. Onsite washer/dryer facility. Units are 650 SF approximately. Great location near restaurants, shopping and entertainment.

Investor Tools

Property Icon
$1,329,099
Estimated Property Value
$0Estimated Mortgage Balance
$363,890Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,340 /month
Positive
Cash Flow Estimate:
$2,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,983/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,152
$1,329,099
2025
$742,500
$586,599
$1,329,099
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29,152
$1,329,099

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Third Coast Bank Ssb
Purchase Money Mortgage
$1,053,000
No
First
Dec 1, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$965,209
$363,890
27%
73%
$6,314/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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