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106 Hanover St, Houston, TX, 77012

4beds
2baths
2,741sqft
$385,000
$140price/sqft
$3,397/moest. monthly cost
$135,880/yrincome needed

About This Home

Turnkey Triplex in the Heart of Houston | Income-Producing + Fully Updated This is not your typical property… this is an opportunity. Located in the downtown Houston area, this fully updated triplex is ideal for investors or buyers looking to create income from day ONE. Two of the three units are already tenant-occupied, providing immediate income at closing. Recent updates since October 2024 include complete interior paint and added insulation in the main unit, updated bathrooms, a refreshed kitchen with granite countertops, new siding on the main unit exterior, new AC systems across all three units, new appliances, and new fencing . Whether you’re expanding your portfolio, house hacking, or securing a low-maintenance investment in a high-demand area, this property delivers.

Getting Around

45
WalkingCar-Dependent
40
TransitSome Transit
64
BikeBikeable

Schools

4/10
7/10
Edison Middle SchoolGrades 6-81.3 mi
5/10
Milby High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1946

Materials

  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: Washer/Dryer Connections

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Tile,Vinyl

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 2,741
  • Total interior livable area: 2,741 sqft

Property

Details

  • Parcel number: 0530620130003

Features

  • Stories: 2

Lot

  • Lot size: 5,000 sqft
  • Features: Subdivided

Parking

  • Parking features: Electric Gate

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tornado
Cold Wave
Hurricane
Heat Wave
Inland Flooding
Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,946$23,352
Home Insurance *$481$5,772
Property Taxes $670$8,040
Electricity $300$3,611
Total$3,397$40,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,468/yr
40% on housing$101,910/yr
45% on housing$90,586/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$140This listing

vs Other Active Listings

Avg $/sqft

ZIP 77012$97
Harris County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 77012$163
Harris County$154

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-06Listed for sale$425,000
2024-10-25Listing removed$265,000
2024-09-23Pending sale$265,000
2024-09-05Price change$265,000
2024-07-29Pending sale$275,000
2024-06-05Price change$275,000
2024-04-27Price change$299,990
2024-04-20Listed for sale$319,000
2024-04-16Listing removed--
2024-03-01Price change$329,000
2024-02-28Pending sale$349,900
2023-12-01Price change$349,900
2023-10-24Price change$359,900
2023-10-05Price change$364,900
2023-09-09Price change$374,900
2023-08-31Listed for sale$380,000
2003-08-11Sold--

For Sale by Agent

AgentGina Thayer
BrokerageeXp Realty LLC

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