1121 Panama St

1,200 Sq. Ft.
$313 / Sq. Ft.
1,200
Sq. Ft.
$313
per Sq. Ft.

Description

Tucked in the heart of Near Northside, this duplex is the kind of income-producing property that doesn't come around very often. Both units are well laid out with open-concept living, dining, and kitchen areas that feel spacious and connected, with updated finishes throughout, and durable LVP flooring in every room. Two comfortable bedrooms in each unit give residents and guests their own space, and each unit has its own private washer and dryer and two dedicated parking spots. One unit has a long-term...Tucked in the heart of Near Northside, this duplex is the kind of income-producing property that doesn't come around very often. Both units are well laid out with open-concept living, dining, and kitchen areas that feel spacious and connected, with updated finishes throughout, and durable LVP flooring in every room. Two comfortable bedrooms in each unit give residents and guests their own space, and each unit has its own private washer and dryer and two dedicated parking spots. One unit has a long-term tenant already in place, and the other runs as an Airbnb, giving you a nice mix of steady income and short-term upside from day one. The location is hard to beat. You're less than a minute's walk to the MetroRail, two minutes from White Oak Social and White Oak Music Hall, and have easy access to both I-45 and I-10. Near Northside continues to be one of the most exciting pockets in the inner loop, and this property puts you right in the middle of it all.

Listing Agent

  1. Kleber Pita

    Kleber Pita

    Listing Agent

    Compass

    TREC #0700825

    P: (713)-412-8820

Property Details for 1121 Panama Street

Furnished
Furnished
Subdivision Name
Maxey & Plunkett
LISTING UPDATED: 05/15/2026 12:40 PM

Property Details for 1121 Panama Street

StatusActive
MLS #47333463
Days on Market5
Taxes$5,107 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1992
Lot Size0.10 AC / 4,500 SF
CountyHarris County
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Building Information for 1121 Panama Street

Stories1Residences2Year Built1992Building Size-Lot Size0.10 AC / 4,500 SF

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$2,294 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,869

Property Taxes

$426

HOA Dues

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Property Information for 1121 Panama Street

Summary
Location and General Information
  • Direction Faces: South
  • Directions: From I-45 North, take the Patton Street exit and head west on Patton. Turn left on Fulton Street, then turn right on Panama Street. 1121 Panama will be on your left.
  • Map Coordinate: 493D
  • MLS Area Major: 9
  • MLS Area Minor: Northside
  • Unparsed Address: 1121 Panama Street
Parking
  • Other Parking: Two
  • Parking Features: Electric Gate, Paved
Taxes and HOA
  • Tax Annual Amount: $5,107
  • Tax Legal Description: LT 9 MAXEY & PLUNKETT
  • Tax Year: 2025
School Information
  • Elementary School: KETELSEN ELEMENTARY SCHOOL
  • Elementary School District: 27 - Houston
  • High School: NORTHSIDE HIGH SCHOOL
  • Middle Or Junior School: MARSHALL MIDDLE SCHOOL (HOUSTON)
Property
Lot Information
  • Living Area: 1200.0
  • Living Area Source: Appraiser
  • Lot Features: Other, Near Public Transit
  • Lot Size Acres: 4500.0
  • Lot Size Dimensions: 90 x 50
  • Lot Size Source: Appraiser
  • Lot Size Units: SquareFeet
Property and Assessments
  • Disclosures: Seller Disclosure
  • New Construction YN: No
  • Parcel Number: 026-045-000-0033
  • Property Sub Type: Duplex
  • Property Type: Multi-Family, ResidentialIncome
  • Public Survey Section: 0
  • Year Built Source: PublicRecords
Green Features
  • Green Energy Efficient: Appliances, Hvac, Insulation, Thermostat, Windows
  • Green Indoor Air Quality: Ventilation
Utilities
  • Utilities: ElectricityAvailable, NaturalGasAvailable, WaterAvailable
Interior and Exterior Features
Exterior Features
  • Construction Materials: Cement Siding, Wood Siding
  • Exterior Features: Private Entrance
  • Fencing: Partial
  • Patio And Porch Features: Patio
  • Pool Area: No
  • Roof: Composition
  • Security Features: Security Gate, Fire Alarm
Interior Features
  • Appliances: Disposal, Microwave, Refrigerator, Energy Star Qualified Appliances
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Cooling: Central Air, Electric, Gas
  • Cooling YN: Yes
  • Flooring: Plank, Tile, Vinyl
  • Heating: Central, Gas
  • Heating YN: Yes
  • Interior Features: Furnished, Window Treatments, Ceiling Fans, Programmable Thermostat
  • Laundry Features: WasherHookup, DryerHookup
  • Levels: One
  • Stories: 1
  • Window Features: Low Emissivity Windows, Window Coverings
Room Information
Room Information
  • Human Modified YN: Yes
Multi Family
Income & Expenses
  • Operating Expense Includes: Insurance, Other
Multi Family Information
  • Number Of Units Total: 2
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Type: TwoBedroom
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Type: TwoBedroom
  • Unit Type Units Total: 1

Property History for 1121 Panama Street

DateEvent & SourcePriceAppreciation
May 14, 2026

Listed (Active)

HARMLS #47333463

$375,000
Jan 1, 2025

Terminated

HARMLS #8971822

$399,000
Dec 1, 2024

Terminated

HARMLS #43238064

$399,000
DateEvent & SourcePrice
05/14/2026

Listed (Active)

HARMLS #47333463

$375,000
01/01/2025

Terminated

HARMLS #8971822

$399,000
12/01/2024

Terminated

HARMLS #43238064

$399,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1121 Panama Street

Taxable ValueLand$175,500Additions$64,817Total$240,317
Tax Record2024$5,001 ($417 / month)
Home Facts
Baths2Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories1Lot Size4,500 SqFtStyleDuplexYear Built1992CountyHARRISAPN0260450000033

Schools near 1121 Panama Street

This home is within Houston Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Ketelsen Elementary School
PublicPK to 5

Marshall Middle School
Public6 to 8

Northside High School
Public9 to 12

Secondary Daep
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1121 Panama Street is a multi-family home for sale in Houston, TX 77009. This property was listed for sale on May 14, 2026 by Compass, it's currently listed at $375,000. This listing's school district is Houston Independent School District. Nearby schools include Ketelsen Elementary School, Marshall Middle School and Northside High School. 1121 Panama Street is a 2-bed, 1-bath, 1,200 sqft multi-family home built in 1992.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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