NOT LISTED FOR SALE

1438 W Alabama St Houston, TX 77006

Montrose Neighborhood

Estimated Value: $1,263,282

2 Beds
1 Bath
3,760 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 20, 2021

Current estimated payment $7,990/month

20 Days on Market

Highlights

  • 6,783 Sq Ft lot
  • Window Unit Cooling System
  • 1-minute walk to Menil Park
  • Baker Montessori Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2021

An Awesome income producing property in ever popular Montrose with two fourplexs. Tons of character with hardwood floors throughout, plus windows everywhere allowing lots of soft light in. Some units have a 4 claw bathtub & brand new recently installed kitchen cabinets & countertops. Property is 100% occupied with a strong and steady income & has been well maintained, but is being sold as is. This is your chance to own a strong investment property in the Prestigious Montrose area of Houston. 8 rental units. Please do not disturb tenants. Property is perfectly located across the street from the Menil Museum, in a wonderful neighborhood, a stone throw from dozens of restaurants, cafes, & bars! Impeccable location, with many possibilities. This location is near impossible to beat. Present and future land demand in this area will ensure your investment. Location, location, location helps to insure that your investment will continue to produce & grow for you decades into the future.

Last Agent to Sell the Property

Gabriel Torre

Ignite Real Estate Group License #0491396 Listed on: 09/29/2021

Ignite Real Estate Group

Last Buyer's Agent

Mary Hale McLean

Greenwood King Properties - Kirby Office License #0220646

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,273

Year Built

  • Built in 1940

Lot Details

  • 6,783 Sq Ft Lot

Home Design

  • Composition Roof

Interior Spaces

  • 3,760 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Woodrow Wilson Montessori Elementary School
  • Lanier Middle School
  • Lamar High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Space Heater
  • Window Unit Heating System

Community Details

  • 8 Units
  • Montrose Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,273

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Subdivision Name: Montrose
  • Unit Levels: Two
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:026-202-000-0001
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 3760.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition

Utilities

  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Space Heater, Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: WOODROW WILSON MONTESSORI
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: LANIER MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 18273.0

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Oct 18, 2021
Sold by
White Cheryl Edwards and Estate Of Gordie L White Ii
Bought by
Dak Real Estate Lp
Seller's Agent
Gabriel Torre
Ignite Real Estate Group
Buyer's Agent
Mary Hale McLean
Greenwood King Properties - Kirby Office
List Price
$1,359,000
Current Estimated Value
$1,263,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dak Real Estate Lp -- Old Republic Natl Ttl Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold -- -- --
09/29/2021 09/29/21 For Sale $1,359,000 -- $361 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,827 $790,024 $780,045 $9,979
2024 $15,827 $756,413 $746,130 $10,283
2023 $20,687 $1,026,725 $780,045 $246,680
2022 $18,110 $822,492 $576,555 $245,937
2021 $18,488 $793,250 $576,555 $216,695
2020 $18,442 $761,565 $576,555 $185,010
2019 $20,207 $798,567 $576,555 $222,012
2018 $19,274 $761,676 $576,555 $185,121
2017 $17,327 $652,988 $576,555 $76,433
2016 $17,266 $650,660 $576,555 $74,105
2015 $13,961 $543,109 $440,895 $102,214
2014 $13,961 $543,109 $447,678 $95,431
Source: Public Records

Agents Affiliated with this Home

  • Gabriel Torre

    Seller's Agent in 2021

    Gabriel Torre

    Ignite Real Estate Group

    (832) 894-5576

    12 in this area

    35 Total Sales

    Gabriel Torre
    Section Image

  • M

    Buyer's Agent in 2021

    Mary Hale McLean

    Greenwood King Properties - Kirby Office

    (713) 553-4255

    4 in this area

    18 Total Sales

    Mary Hale McLean
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 23983818

Houston Association of REALTORS®

APN: 0262020000001

Texas Harris County Houston 77006 Montrose

1438 W Alabama St, Houston, TX

Not Listed for Sale

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