NOT LISTED FOR SALE

406 W Drew St Unit C Houston, TX 77006

Montrose Neighborhood

Estimated Value: $652,118 - $860,000

2 Beds
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

Highlights

  • Central Heating and Cooling System
  • Wharton Dual Language Academy Rated A-
  • Ceiling Fan

About This Home

As of December 2023

Come see this bungalow with stainless steel appliances, private back yard, washer/dryer that is shared with 1 tenant, and driveway parking up to 2 cars specifically for this tenant! Unit has a primary bedroom and flex space that can be used as a bedroom or office. Space is available on or around December 10th.

Last Agent to Rent the Property

Michael Chen

Michael Chen License #0678703 Listed on: 11/13/2023

Last Renter's Agent

Jeremy LeBlanc

Walzel Properties - Corporate Office License #0727394

Walzel Properties - Corporate Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,028

Year Built

  • Built in 1940

Lot Details

  • 5,009

Home Design

  • Triplex

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • William Wharton K-8 Dual Language Academy Elementary School
  • Gregory-Lincoln Middle School
  • Lamar High School

Additional Features

  • Ceiling Fan
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 12/1/23
  • 12 Month Lease Term

Community Details

Overview

  • Weston Subdivision

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit Required

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,028

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2023-12-01

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Lease
  • Year Built: 1940
  • Subdivision Name: Weston
  • Architectural Style: Triplex
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Triplex
  • Property Sub Type Additional: Triplex,Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Disclosures: None
  • Lot Features: Subdivision
  • Pool Private: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Conditional, Pet Deposit

Schools

  • Elementary School: WILLIAM WHARTON K-8 DUAL LANGUAGE ACADEMY
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: GREGORY-LINCOLN MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2022
Sold by
Ropshaw Erich Maxwell
Bought by
Lin Robert Allen and Chen Michael Long
Current Estimated Value
$716,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,500
Outstanding Balance
$321,975
Interest Rate
5.66%
Mortgage Type
Balloon
Estimated Equity
$394,805

Purchase Details

Closed on
Jun 30, 2017
Sold by
Mathew Mathen P and Mathew Martha D
Bought by
Ropshaw Erich Maxwell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lin Robert Allen -- First American Title
Ropshaw Erich Maxwell -- Startex Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Robert Allen $335,500
Previous Owner Ropshaw Erich Maxwell $441,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Rented $1,600 0.0% --
12/05/2023 12/05/23 Under Contract -- -- --
11/13/2023 11/13/23 For Rent $1,600 -- --
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 $12,028 $681,000 $500,000 $181,000
2024 $12,028 $681,000 $425,000 $256,000
2023 $12,028 $610,000 $425,000 $185,000
2022 $12,033 $546,506 $410,000 $136,506
2021 $12,819 $550,000 $410,000 $140,000
2020 $12,759 $526,900 $410,000 $116,900
2019 $13,085 $517,117 $400,000 $117,117
2018 $12,685 $501,283 $350,000 $151,283
2017 $12,604 $475,000 $350,000 $125,000
2016 $12,499 $471,025 $350,000 $121,025
2015 $9,951 $446,025 $325,000 $121,025
2014 $9,951 $387,117 $275,000 $112,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 65078983

Houston Association of REALTORS®

APN: 0370680000007