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301 Grace St APT 4, Houston, TX, 77003

2beds
1baths
2,284sqft
$625,000
$274price/sqft
$4,854/moest. monthly cost
$194,160/yrincome needed

About This Home

Corner property at prime location. Ideal investment property, currently tenant occupied on month-to-month rent. Each unit has its own bathroom and kitchen.

Getting Around

67
WalkingSomewhat Walkable
63
TransitGood Transit
72
BikeVery Bikeable

Schools

3/10
Lantrip Elementary SchoolGrades PK-50.4 mi
5/10
Navarro MiddleGrades 6-81.0 mi
3/10
Austin High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1928

Materials

  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: None
  • Cooling features: Ceiling Fan(s),None

Interior Area

  • Total structure area: 2,284
  • Total interior livable area: 2,284 sqft

Property

Details

  • Parcel number: 0071190000004

Features

  • Stories: 2

Lot

  • Lot size: 5,000 sqft

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
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tornado
Cold Wave
Hurricane
Inland Flooding
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 $3,160$37,920
Home Insurance *$357$4,284
Property Taxes $1,087$13,044
Electricity $250$3,009
Total$4,854$58,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$166,422/yr
40% on housing$145,620/yr
45% on housing$129,440/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

$274This listing

vs Other Active Listings

Avg $/sqft

ZIP 77003$187
Harris County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 77003$197
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
2025-05-26Price change$625,000
2024-06-27Listed for sale$650,000
2022-10-31Listing removed--
2022-06-13Listed for sale$550,000
2022-05-01Listing removed--
2021-11-01Listed for sale$550,000
2013-09-25Listing removed$180,000
2013-04-12Listed for sale$180,000
2013-01-01Listing removed$180,000
2012-08-08Listed for sale$180,000
2012-07-01Listing removed$180,000
2011-11-27Listed for sale$180,000

For Sale by Agent

AgentBriseida Hinojosa
BrokerageStep Real Estate

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