6Days on Market

22view

$985,000

1636 Sul Ross St, Houston, TX, 77006

On Market

Just Added

2 Beds

1 Bath

2,895 Sq Ft

$340.24 / sqft

Built in 1929

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Freestanding Oven, Oven, Free-Standing Range, Gas Range, Dishwasher

FlooringConcrete, Wood

Exterior

Exterior FeaturesBalcony

Lot Size6,700 sqft

Building Information

Year Built1929

Garage Spaces2

Land Information

APN0522590000012

Lot Number12

SubdivisionLancaster Place Extn

Land UseResidential

Legal DescriptionLT 12 BLK 1 LANCASTER PLACE EXTN SEC 1

Census Tract410801

Assessed Land Value$804,000

Assessed Improvement Value$236,277

Assessment Year2025

About this property

On one of Montrose’s rare cul-de-sac streets, this property offers the opportunity to live in one structure while generating income from the other. This property offers 2,895 SF of living space including 1,519 SF main house (2 BR/1 Bath) and a 1,376 SF guest house/ADU (1 BR/1 Bath). Original hardwood floors and shiplap ceilings blend timeless character with modern updates. The main home features a spa-inspired shower and a clawfoot soaking tub. Inviting living and dining spaces flow into a well-appointed kitchen with gas cooking. The updated garage apartment includes a living area, full kitchen, and a very spacious bedroom— ideal for guests or rental income. Outdoors, enjoy a turfed backyard and covered deck designed for low-maintenance entertaining. Recent improvements include an updated AC system (2026), composite deck (2025), and recently replaced roof (2025). Just steps from from The Menil Collection, parks, and Montrose’s best dining and entertainment.

Investor Tools

$1,040,277

Estimated Property Value

$483,296Estimated Mortgage Balance

$603,147Estimated Equity

54% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,242 /month

Positive

Cash Flow Estimate:

$2,081 /month

Interested in this property?

Dana Johnson

Douglas Elliman Real Estate

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,679/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,945

$1,040,277

2025

$804,000

$236,277

$1,040,277

Tax History

Year

Tax Paid

Assessed Value

2024

$14,945

$1,040,277

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Conventional

$483,296

First

Aug 13, 2021

Sep 2041

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$438,822

$675,178

60%

42%

$2,898/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$2,898/mo

$-938/mo

2.3%

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