Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$856,100

NAL Estimated Property Value

606 Welch Street, Houston, TX, 77006

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths2,964 Sq Ft
price_per_sqft$268.22 / sqft
Year BuiltBuilt in 1982

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built1982
Garage Spaces3

Land Information

APN0370710000004
Lot Number4
SubdivisionWeston
Land UseResidential
Legal DescriptionLT 4 BLK 7 WESTON
Census Tract410502
Assessed Land Value$500,000
Assessed Improvement Value$356,100
Assessment Year2025

About this property

A uniquely modern and cool duplex located in the iconic Montrose neighborhood. Both units with a rare 2/2.5 and 2-story floor plan with living on the first floor and a powder room, and generously sized bedrooms on the second floor, each with its own bathroom. All new paint, fixtures, tile, carpet, new appliances, and includes a washer and dryer with a utility room inside each unit. Two carport spaces for each unit. This is a rare opportunity for a very unique property in a great location! Purchase as an investment property or live in one and rent out the other. Convenient location, quick access to Downtown, Allen Parkway/Memorial, I-45, I-10, 59 and zoned to Wharton Elementary and Lamar High School! These units have a lot of charm and rent quickly, they're must see!

Investor Tools

Property Icon
$856,100
Estimated Property Value
$594,763Estimated Mortgage Balance
$261,337Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,137 /month
Positive
Cash Flow Estimate:
$1,712 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,586
$856,100
2025
$500,000
$356,100
$856,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,586
$856,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
David W Roark Etal
Stand Alone Second / Subordinate Position
$636,000
No
First
Nov 15, 2022
Nov 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$594,763
$261,337
30%
69%
$3,814/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$3,814/mo
$-1,854/mo
2.7%

City: Houston

606 Welch Street | Property Details | No Agent List