5 months on rocket

324 W Alabama St, Houston, TX, 77006

$798,000

Home List Price

$9,476*

Closing Credit

1 Bedroom
1 Full Bath
4,103 SqFt
$194/SqFt
Multi
Schools Nearby

Location

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324 W Alabama St, Houston$798,000

Buyer Closing Credits

$9,476*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingElectric Gate, Paved
Year Built1900
HeatingCentral, Natural Gas
CoolingCentral Air, Electric, Window Unit(s)
MLS #69528941
StatusActive

About 324 W Alabama St

Here is your Opportunity to own an Income Producing 4 plex in Montrose/Midtown. This classic Montrose 4 plex was built in 1900. Each of the units offers full kitchen, bathroom, bedroom, and living space. Central AC/Heat with Window Units in each unit. All units include unique period features like Claw Tub, built in China Cabinet, Sun Room, Balcony, 2 entrances. Unit 2 features a loft area. Laundry Building on Property. One unit is rented with a long term tenant (March 2024). One unit is listed for rent. The two furnished units have been short term rentals and usually remain full due to properties location close to Med Center, Downtown. Photos are of short term units 1 and 4. Additional Photos Coming Soon.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1900
  • Stories: 2
  • Living Area: 4,103 SqFt

Listing Office:

  • Office Name: Vylla Home
  • Office Phone: (713) 647-2349
  • Listing Agent: Richard Hall

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Flooring Type: Tile, Vinyl, Wood, Hardwood
  • Interior: Balcony, Furnished, Granite Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: Electric Gate, Paved

Lot Features

Lot Information:

  • Lot: Subdivision

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric, Window Unit(s)

School Info

Assigned Schools Information:

  • Lamar High School, Public Magnet Grades 9-12
  • Gregory-Lincoln Education Center (06-08), Public Magnet Grades 6-8
  • MacGregor Elementary School, Public Magnet Grades EE-5

Other

Directions Information:

  • Directions: From Westheimer, turn left on W Alabama, house is on the right. Driving gate is located on right side of the house

Price Information

Listing Price Info

Price Summary:

  • List Price: $798,000
  • Price Per SqFt: $194/SqFt

Tax Information:

  • Annual Amount: $17,258
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Houston, TX.

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Houston, TX

City

Med. Sold Price

$314.7K

Med. Price/SqFt

$164

Avg. Days On Market

39

# of Sold Homes

2006

324 W Alabama St vs Houston

153 DAYS ON ROCKET

+114 Days

$798,000

+$483.2K More

$194/SqFt

+$30 More

KEY TAKEAWAY

This property is $483.2K more than the Median Sold Price and $30/SqFt more than other homes in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #69528941

Listing Office:

  • Office Name: Vylla Home
  • Office Phone: (713) 647-2349
  • Listing Agent: Richard Hall

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/19/2024, 6:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$17,258$734,323
2020$14,614$719,245
2018$15,271$603,500
2017$16,014$603,500

History based on county public records data.

Payment Calculator

$4,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,459

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-689106
4
/10

  • MacGregor Elementary School

  • 4801 La Branch St

  • 0.78 miles

  • Public Magnet Grades EE-5

Middle School

school-card-donut-689107
4
/10

  • Gregory-Lincoln Education Center (06-08)

  • 1101 Taft St

  • 1.23 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-689108
5
/10

  • Lamar High School

  • 3325 Westheimer Rd

  • 2.51 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,404. The majority of Houston, TX residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Central Houston, Houston

What type of housing is available in Central Houston, Houston?

Single detached homes are the predominant housing type, representing around 40% of dwellings in Central Houston, and the rest of the dwellings are mainly large apartment buildings and townhouses. This community is primarily composed of one bedroom and two bedroom homes. The proportions of homeowners and renters are about even. The average year of construction for buildings in this part of the city is 1976.

Is Central Houston, Houston a good place to live?

Central Houston offers a reasonably good selection of green spaces to enjoy, despite its sometimes busy atmosphere. There are approximately 30 parks nearby for residents to explore, such as Memorial Park and T C Jester Park, making them easy to reach. Many parts of Central Houston is quite quiet, although that is not the case closer to Katy Freeway, US Highway 90 or one of the railway lines.

Are things conveniently located in Central Houston, Houston?

Both general and specialty grocery stores are ordinarily accessible within a short walk from anywhere in this community. Moreover, there are a fair number of options in close proximity for those who appreciate restaurants and cafes. A good selection of clothing stores is also situated within a rather short walking distance. As far as education is concerned, in Central Houston, house owners will generally be able to reach both primary and secondary schools on foot. Along with public schools, there are private elementary and secondary schools.

What does the transportation in Central Houston, Houston look like?

Regardless of the mode of transportation, it is quite straightforward to travel in Central Houston. This community is transit friendly. For example, property owners benefit from over 50 bus lines, and it is especially convenient to find a nearby bus stop from most houses. Cars are also a very good transportation option in Central Houston. It is convenient to park, and nearby highways, such as Freeway, are very easy to reach from any location in this community. It is convenient for people traveling on foot to navigate Central Houston; many common errands can be run without having to use a vehicle, and numerous businesses are reasonably close by.

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Rocket Homes›Texas›Harris County›Houston›77006›324 W Alabama St

This home is located at 324 W Alabama St in Houston, TX and zip code 77006 in the Central Houston neighborhood. This 4,103 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 18, 2023 and is currently priced at $798,000.

In March 2024 more than 344 listings in Houston, TX were sold above the asking price. During the same period more than 423 listings were sold at asking price, while more than 1238 were sold below. In March 2024 in Houston, TX there were 20.1% more homes for sale than in February 2024. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $314,779.

From Rocket Homes Real Estate and based on county public records data.

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