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1941 Lexington St APT 6, Houston, TX, 77098

1beds
1baths
4,320sqft
$849,000
$197price/sqft
$6,392/moest. monthly cost
$255,680/yrincome needed

About This Home

Don't miss out on this fantastic investment opportunity! We are excited to present a property sale consisting of six charming 1-bed, 1-bath units. Each unit features a cozy living room, a dining room, kitchen, and a spacious bedroom. Out of the six units, four boast hardwood flooring, while the remaining two are comfortably carpeted.Situated on a 6,250 SF lot, the building itself spans an impressive 4,320 SF. Each unit comes with its own carport. The property is fully fenced and features private access doors for added security and privacy. Additionally, there is a beautifully patio area.This property is ideally located near the Medical Center, Downtown, Greenway Plaza, and the Galleria. With easy access to major freeways such as US 59 and 610, commuting is a breeze.This is a remarkable opportunity for investors looking to acquire a well-maintained property in a prime location. The property is currently unoccupied so you can choose your own tenants.

Getting Around

88
WalkingVery Walkable
49
TransitSome Transit
68
BikeBikeable

Schools

7/10
Poe Elementary SchoolGrades PK-50.3 mi
10/10
Lanier Middle SchoolGrades 6-80.7 mi
5/10
Lamar High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1955

Materials

  • Roof: Composition
  • Construction materials: Brick,Other,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Disposal,Microwave,Dishwasher,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Tile,Wood,Hardwood
  • Fireplace features: Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Window Unit
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 4,320
  • Total interior livable area: 4,320 sqft

Property

Details

  • Parcel number: 0571270000006

Features

  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Balcony
  • Fencing: Fenced

Lot

  • Lot size: 6,250 sqft
  • Features: Subdivided,Cleared

Parking

  • Parking features: Electric Gate,Auto Garage Door Opener,Carport,One Parking Unit
  • Has garage: Yes
  • Carport: Yes

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

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Tornado
Cold Wave
Hurricane
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 $4,293$51,516
Home Insurance *$473$5,676
Property Taxes $1,152$13,824
Electricity $474$5,692
Total$6,392$76,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$219,154/yr
40% on housing$191,760/yr
45% on housing$170,453/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

$197This listing

vs Other Active Listings

Avg $/sqft

ZIP 77098$354
Harris County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 77098$328
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)

No zestimate history available

Price History

DateEventPrice
2026-03-31Price change$899,000
2026-01-22Listed for sale$920,000

For Sale by Agent

AgentDouglas Rodriguez
BrokerageHomeSmart

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