7 months on rocket

321 W Alabama St W, Houston, TX, 77006

$2,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,720 SqFt
$342/SqFt
Multi

Location

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321 W Alabama St W, Houston$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved
Year Built1955
HeatingCentral, Electric, Other
CoolingCentral Air, Electric, Window Unit(s)
MLS #66673823
StatusActive

About 321 W Alabama St W

Dynamic unique Mid-Century Building with large parking lot. 7 total units. 4 updated studio/efficiency apartments (500 Est. square ft each). 2 large lower units currently utilized as retail, each with 2 baths and w/d connections (est. 4000 square ft total). 1 unit used at workshop/Owner storage (est. 1000 square feet). All electric. Individually metered. Owner pays water and dumpster. Historic First Montrose Commons on the edge of Midtown. Building is non-contributing structure. Property goes corner to corner from W. Alabama St. to Sul Ross.

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 2
  • Living Area: 6,720 SqFt

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Gary Greene - West Gray
  • Office Phone: (713) 961-1722
  • Listing Agent: Christopher Williams

Exterior Features

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot: Corner Lot, Near Public Transit, Subdivision

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: At Montrose Blvd (Studewood) go east on W. Alabama to the 300 block. Building on the corner of Bute St. 5 blocks east of Montrose Blvd. and 5 blocks west of Main Street between Westheimer and Richmond Ave. West of 547 Spur coming inbound of 59.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $342/SqFt
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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

$319.9K

Med. Price/SqFt

$166

Avg. Days On Market

40

# of Sold Homes

1678

321 W Alabama St W vs Houston

220 DAYS ON ROCKET

+180 Days

$2,300,000

+$1.9M More

$342/SqFt

+$175 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $175/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: #66673823

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Gary Greene - West Gray
  • Office Phone: (713) 961-1722
  • Listing Agent: Christopher Williams

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: 12/22/2024, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$11.5K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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NMLS#3030

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.

Nearby Schools

school-card-donut-960093
8
/10

  • Arabic Immersion Magnet School

  • 4001 Stanford St

  • 0.27 miles

  • Public Magnet Grades PK-5

school-card-donut-960094
7
/10

  • MacGregor Elementary School

  • 4801 La Branch St

  • 0.76 miles

  • Public Magnet Grades EE-5

school-card-donut-960095
6
/10

  • Blackshear Elementary School

  • 2900 Holman St

  • 1.50 miles

  • Public Magnet Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,422. Typical income of Houston, TX residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Harris County›Houston›77006›321 W Alabama St W

This home is located at 321 W Alabama St W in Houston, TX and zip code 77006 in the Central Houston neighborhood. This 6,720 square foot home was built in 1955. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $2,300,000.

In November 2024 more than 263 listings in Houston, TX were sold above the asking price. During the same period more than 354 listings were sold at asking price, while more than 1060 were sold below. The number of homes for sale in Houston, TX increased by 8.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $319,921, while the average time on the real estate market was 40 days.

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

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