1310 Lorraine St, Houston, TX, 77009
About This Home
Attention all Real Estate Entrepreneurs looking for your next MULTI-FAMILY PROJECT! Unlock its potential for great CASHFLOW! JUST 2 MILES FROM DOWNTOWN HOUSTON and a short walk to the Metro Rail/Bus Station, This property is strategically positioned to capitalize on the thriving rental market. This Craftsman-built 2 story structure is 4066 sf. The 1st floor features 5 bedrooms, huge living/dining rooms, kitchen, laundry room, and one full bath. Upstairs has a separate entrance and the 6 rental units share 2 bathrooms with showers, a kitchen, and a big balcony. Keep it as is for immediate cashflow, house hack, or let your imagination be your guide. Redevelop it into 2 to 4 luxury rental units or take advantage of the 1000s of residential neighbors by making it a mixed use retail below and rental above. Close to great restaurants, entertainment, and everything downtown including quick access to all the major highways to get you where you need to go. Make your appointment today.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1945
Materials
- Roof: Other
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Laminate,Tile
Heating & Cooling
- Heating features: Electric,Natural Gas,Window Unit
- Cooling features: Electric,Window Unit(s)
Interior Area
- Total structure area: 4,066
- Total interior livable area: 4,066 sqft
Property
Details
- Parcel number: 0090500000001
Features
- Levels: Split Level
- Stories: 2
- Exterior features: Balcony
Lot
- Lot size: 4,647 sqft
- Features: Corner Lot
Parking
- Parking features: One Parking Unit
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
- Cold Wave
- Hurricane
- Heat Wave
- Inland Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,921 | $23,052 |
| Home Insurance * | $222 | $2,664 |
| Property Taxes | $475 | $5,700 |
| Electricity | $446 | $5,357 |
| Total | $3,064 | $36,768 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-01-08 | Listed for sale | $450,000 |
| 2024-04-10 | Listing removed | $490,000 |
| 2024-03-29 | Listed for sale | $490,000 |
| 2024-03-28 | Listing removed | $490,000 |
| 2024-03-21 | Listed for sale | $490,000 |
| 2024-03-21 | Listing removed | $490,000 |
| 2024-03-01 | Price change | $490,000 |
| 2024-02-29 | Price change | $497,500 |
| 2024-02-20 | Price change | $529,750 |
| 2024-02-08 | Listed for sale | $545,000 |
| 2022-07-18 | Listing removed | -- |
| 2022-07-11 | Listed for sale | $575,000 |
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