Street View

85Days on Market

1view

$1,170,000

612 W Alabama Street, Houston, TX, 77006

On Market

Commercial

2 Beds

1 Bath

1,507 Sq Ft

Multi Family

$776.38 / sqft

Built in 1918

Highlights

Interior

Bedrooms 2

Bathrooms Full 3

Garage Available

Heating Central

Cooling

Exterior

Lot Size7,292 sqft

Building Information

Year Built1918

Garage Spaces2

Land Information

APN0261410000018

SubdivisionMontrose

Land UseResidential

Legal DescriptionTR 6B BLK 15 MONTROSE

Census Tract410704

Assessed Land Value$491,600

Assessed Improvement Value$308,400

Assessment Year2025

About this property

Location, location, location! Beautiful property on West Alabama in the heart of highly desirable Montrose. Just minutes from premier dining, shopping, major events, and entertainment. Enjoy a truly central Houston location with easy access to Downtown, the Galleria, Museum District, Hermann Park, Buffalo Bayou Park, St. Thomas University, the Medical Center, Daikin Park, and NRG Stadium—all while avoiding much of Houston’s notorious traffic congestion. This rare find offers exceptional flexibility: ideal for a commercial business with high visibility on West Alabama. Don’t miss this unique opportunity in one of Houston’s most sought-after neighborhoods!

Investor Tools

$800,000

Estimated Property Value

$0Estimated Mortgage Balance

$800,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,020 /month

Positive

Cash Flow Estimate:

$2,340 /month

Interested in this property?

Ephrem Wegayehu

Green Residential

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,706/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$16,467

$800,000

2025

$491,600

$308,400

$800,000

Tax History

Year

Tax Paid

Assessed Value

2024

$16,467

$800,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$800,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

N/A

+$3,340/mo

5.0%

Learn About the Market: Opportunity in Houston

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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.

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