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$1,250,000

816 Hawthorne Street, Houston, TX, 77006

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$398.6 / sqft
Year BuiltBuilt in 1932

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Oven, Refrigerator
FlooringTile, Wood

Exterior

Lot Size8,403 sqft

Building Information

Year Built1932
Garage Spaces2

Land Information

APN0261500000005
Lot Number5
SubdivisionMontrose
Land UseResidential
Legal DescriptionLT 5 & TR 6A BLK 24 (PR YR IMPS 0261500000009) MONTROSE
Census Tract410703
Assessed Land Value$536,000
Assessed Improvement Value$198,153
Assessment Year2025

About this property

NEW ROOF 2026! INCOME PRODUCING Main house and 3 garage apartments. All current TENANT OCCUPIED. Photos are from right before current lease. The main residence—a striking two-story brick home—was thoughtfully updated in 11/2022, including a remodeled kitchen and primary bath, new appliances, updated lighting, & fresh interior paint while preserving its original hardwood floors & architectural integrity. The living space is anchored by a wood-burning fireplace with custom built-ins, while a sunroom on the main level adds versatility for an office. A covered front porch & wrought iron fencing frame the property. The property features 3 garage apartments at the rear—one of which has been updated—offering strong potential for rental income. The property includes two detached garage space. A unique opportunity to own a property that functions equally well as a primary residence, office space, or income-producing asset in one of Houston’s most desirable inner-loop locations.

Investor Tools

Property Icon
$1,312,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,294,527Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,872 /month
Positive
Cash Flow Estimate:
$2,624 /month

Interested in this property?

Jennifer Ciulla

RE/MAX Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,837/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,483
$734,153
2025
$536,000
$198,153
$734,153
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,483
$734,153

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morrison Financial Services Lp
N/A
$117,300
N/A
First
Feb 26, 1999
Mar 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,473
$1,294,527
98%
1%
$704/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$704/mo
+$2,636/mo
3.1%

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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816 Hawthorne Street | Property Details | No Agent List