For sale

$409,000

1504 Freeman St, Houston, TX 77009

4beds

1,978sqft

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Triplex

Built in 1930

-- sqft lot

$384,000 Zestimate^®

$207/sqft

$-- HOA

What's special

Three separate units

This Triplex is located in one of Houston’s rapidly evolving inner-loop corridors, this property offers a prime buy-and-hold opportunity in a high-growth area. Just minutes from Downtown, The Heights, and major redevelopment projects, the surrounding neighborhood continues to see strong investment and new construction. Situated on a single lot, the property features three separate units, each offering 2 bedrooms and 1 bathroom with approximately 630 sq ft of living space. All units will be delivered vacant, providing flexibility to lease at current market rates. Previously rented around $950 per unit, this property presents strong income potential with upside as the area continues to appreciate. Very close to U of H downtown. Ideal for investors looking to secure a foothold in a transitioning neighborhood poised for long-term growth.

60 days

191

12

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Wall Furnace, Window Unit

Cooling

Window Unit(s)

Appliances

Included: Refrigerator

Interior area

Total structure area: 1,978
Total interior livable area: 1,978 sqft

Property

Features

Stories: 1

Lot

Size: 5,000 Square Feet
Features: Corner Lot

Details

Parcel number: 0031590000006

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Roof: Composition

Condition

New construction: No
Year built: 1930

Utilities & green energy

Utilities for property: Electricity Available, Natural Gas Connected, Water Connected

Community & HOA

Community

Subdivision: Allen A C J Austin Sur

Location

Region: Houston

Financial & listing details

Price per square foot: $207/sqft
Tax assessed value: $287,185
Annual tax amount: $6,103
Date on market: 4/29/2026
Lease term: Month To Month

Estimated market value

$384,000

$365,000 - $403,000

$2,060/mo

Price history

Date	Event	Price
4/29/2026	Listed for sale	$409,000$207/sqft
Source: HAR #95004640 Report a problem
11/28/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
11/23/2022	Price change	$1,000-9.1%$1/sqft
Source: Zillow Rental Network_1 #22748700 Report a problem
10/13/2022	Price change	$1,100-8.3%$1/sqft
Source: HomeSmart #22748700 Report a problem
9/22/2022	Listed for rent	$1,200$1/sqft
Source: HomeSmart #22748700 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,103 +2%	$287,185 +0.4%
2024	$5,982 -47.6%	$285,900 +0.3%
2023	$11,420 +130.5%	$284,919 +16%
2022	$4,954	$245,648 +8.4%
2021	--	$226,638 +4.2%
2020	$5,217 -0.2%	$217,450 +0.8%
2019	$5,226 +17.3%	$215,800 +22.3%
2018	$4,456	$176,400
2017	$4,456 -6.9%	$176,400 -6.9%
2016	$4,789 +37.8%	$189,400 +8.4%
2015	$3,476	$174,781 +29.3%
2014	$3,476	$135,200
2013	--	$135,200 +36%
2011	--	$99,406
2010	--	$99,406 -27.3%
2008	--	$136,766 +78%
2007	--	$76,855 +14.4%
2006	--	$67,203
2005	--	--
2004	--	$37,890 +67%
2003	--	$22,690 +7.9%
2002	--	$21,030 +52.2%
2001	--	$13,820
2000	--	$13,820

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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