
1529 Welch St Houston, TX 77006
Montrose NeighborhoodEstimated payment $4,816/month
Highlights
- Wood Flooring
- Granite Countertops
- Window Unit Cooling System
- Baker Montessori Rated A-
- Balcony
- 4-minute walk to Luna's Park
About This Home
Pro forma income: $5,550/month. This Montrose triplex with serious upside is surrounded by new construction! Unbeatable location—just steps from the prestigious River Oaks Shopping Center and walking distance from the best of Montrose. Walkable. Rentable. Profitable. This classic 1920s red brick triplex blends features a spacious up/down duplex (each unit 2 bed / 1 bath) full of character: original hardwoods, vintage details, and timeless appeal. Out back, a detached 1 bed / 1 bath garage apartment offers extra income potential. Current rents are well below market, creating instant value for the next owner. Each of the duplexes should be renting for $2,200+. The garage apartment is poised to lease quickly at $1,150/month. Recent updates include new HVACs, electrical and plumbing improvements, and thoughtful renovations that preserve the home’s historic feel while adding modern reliability. (Please do not disturb tenants.)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,740
Year Built
- Built in 1925
Lot Details
- 5,000 Sq Ft Lot
- North Facing Home
- Private Entrance
Home Design
- Triplex
- Brick Exterior Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 3,128 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Window Treatments
- Fire and Smoke Detector
Kitchen
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Electric Gate
- Paved Parking
Eco-Friendly Details
- Energy-Efficient Exposure or Shade
- Energy-Efficient Thermostat
Outdoor Features
- Balcony
- Patio
Schools
- Baker Montessori Elementary School
- Lanier Middle School
- Lamar High School
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Heating System Uses Gas
- Window Unit Heating System
- Programmable Thermostat
Listing and Financial Details
- Seller Concessions Offered
Community Details
Overview
- 3 Units
- Cherryhurst Subdivision
Additional Features
- Laundry Facilities
- Gross Income $49,200
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $14,269 | $681,972 | $550,000 | $131,972 |
2023 | $14,269 | $681,972 | $550,000 | $131,972 |
2022 | $13,760 | $624,913 | $450,000 | $174,913 |
2021 | $12,657 | $543,068 | $450,000 | $93,068 |
2020 | $13,761 | $568,246 | $450,000 | $118,246 |
2019 | $13,310 | $526,000 | $450,000 | $76,000 |
2018 | $13,310 | $526,000 | $425,000 | $101,000 |
2017 | $14,356 | $541,000 | $425,000 | $116,000 |
2016 | $14,356 | $578,046 | $425,000 | $153,046 |
2015 | $10,812 | $514,820 | $350,000 | $164,820 |
2014 | $10,812 | $420,576 | $300,000 | $120,576 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/10/2025 07/10/25 | For Rent | $1,150 | 0.0% | -- |
07/10/2025 07/10/25 | For Sale | $675,000 | -- | $216 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Available | |
Vendors Lien | -- | Chicago Title | |
Warranty Deed | -- | Startex Title Company | |
Warranty Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $256,000 | New Conventional | |
Previous Owner | $307,000 | New Conventional | |
Previous Owner | $310,150 | Purchase Money Mortgage |
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Source: Houston Association of REALTORS®
MLS Number: 75281880

APN: 0382580000003
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