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$505,000

NAL Estimated Property Value

1014 Montrose Boulevard B, Houston, TX, 77019

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,166 Sq Ft
price_per_sqft$200.83 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,577 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN1218370010002
Lot Number2
SubdivisionMontrose Terrace
Land UseResidential
Legal DescriptionLT 2 BLK 1 MONTROSE TERRACE
Census Tract410202
Assessed Land Value$149,815
Assessed Improvement Value$319,324
Assessment Year2025

About this property

Stellar location on Montrose Blvd featuring views to the Downtown skyline and nature surround right in the city. 3 Bedrooms with 3 baths and an extra room on the 4th floor for an office or gym. Modern kitchen open to living and dining with brand new waterfall marble island. New remodel to interior and exterior living spaces. Recent upgrades include windows and exterior doors + backyard landscape and deck, Kitchen, primary and secondary baths all remodeled by current owner, Fresh exterior and interior paint, new roof (2019). This home provides walkability to some of the city's best cafes, bars, and restaurants. Minutes to downtown and all major freeways via Allenparkway. Walk to Eleanor Tinsley Park, The Dunlavy, the Buffalo Bayou Hike and Bike Trails, John Steele Dog Park, and more.

Investor Tools

Property Icon
$505,000
Estimated Property Value
$477,981Estimated Mortgage Balance
$27,019Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,030 /month
Positive
Cash Flow Estimate:
$1,010 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$701/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,891
$469,139
2025
$149,815
$319,324
$469,139
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,891
$469,139

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$495,000
No
First
Jun 26, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$477,981
$27,019
5%
95%
$2,968/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,968/mo
$-2,388/mo
6.1%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1014 Montrose Boulevard B | Property Details | No Agent List