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$647,000

NAL Estimated Property Value

1509 Vermont St Unit D, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,943 Sq Ft
price_per_sqft$323.73 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size1,398 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1464520010022
Lot Number22
Land UseResidential
Legal DescriptionLT 22 BLK 1 COMMONWEALTH PARK
Census Tract410402
Assessed Land Value$132,715
Assessed Improvement Value$495,496
Assessment Year2025

About this property

Welcome to Commonwealth Park, the only new construction community in Montrose’s historic district, minutes from Downtown Houston. This beautifully designed move in ready three-story home is known as the Boxwood Floorplan, features 3 bedrooms, 3.5 bathrooms, a private balcony, private front gate, omega stone kitchen countertops, under cabinet lighting, and a stainless-steel farmhouse sink. High ceilings throughout with a 12 ft foyer and 10 ft on upper levels! Commonwealth Park is a 30 detached townhome community with multiple floor plan options, catering to those seeking a modern urban lifestyle. Residents will enjoy an on-site dog park and walkability to some of Houston’s finest shopping and dining experiences in the River Oaks District off Westheimer. Don’t miss the opportunity to experience elevated living in one of Houston's most desirable & convenient settings in Commonwealth Park!

Investor Tools

Property Icon
$647,000
Estimated Property Value
$445,406Estimated Mortgage Balance
$201,594Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,882 /month
Positive
Cash Flow Estimate:
$1,294 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
$2,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,315
$628,211
2025
$132,715
$495,496
$628,211
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,315
$628,211

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Airlines Fcu
Conventional
$448,000
No
First
Jan 30, 2026
Feb 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$445,406
$193,594
30%
69%
$2,686/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,886/mo
$-2,306/mo
4.8%

Learn About the Market: Opportunity in Houston

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Explore

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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1509 Vermont St Unit D | Property Details | No Agent List