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$514,000

NAL Estimated Property Value

2001 Commonwealth St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,912 Sq Ft
price_per_sqft$214.38 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1973
Stories2
Garage Spaces2

Land Information

APN0180240010005
SubdivisionVenture Square T/H U/R
Land UseResidential
Legal DescriptionTR 9B BLK 24 VENTURE SQUARE T/H U/R HYDE PARK
Census Tract410402
Assessed Land Value$150,000
Assessed Improvement Value$214,811
Assessment Year2025

About this property

2001 Commonwealth is a recently updated TH in the heart of it all. Walking distance to River Oaks shopping, restaurants, coffee shops, & grocery stores. With 1st floor living, this property is ready for you to call home. Kitchen is fully updated - new cabinets, new countertops, new appliances, new fixtures, & a new island. The living room features a wood burning fireplace & provides access to the fully fenced patio. There's a wet bar with ample storage for your entertainment needs. A newly built out home office space is off the Primary bedroom + a huge walk-in closet for all your storage needs. The primary bath is ensuite & has double sinks with a tub. Both guest bedrooms have access to a large covered balcony. Guest Bedroom #1 is oversized, has a walk-in closet, & a fully updated ensuite bathroom. Guest Bedroom #2 is also on the 2nd floor. From the niches at the kitchen counter to the extra closet under the stairs, thoughtful design touches are present throughout.

Investor Tools

Property Icon
$514,000
Estimated Property Value
$354,925Estimated Mortgage Balance
$159,075Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,084 /month
Positive
Cash Flow Estimate:
$1,028 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,560
$364,811
2025
$150,000
$214,811
$364,811
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,560
$364,811

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Americas Choice Home Loans Lp
Conventional
$389,405
No
First
Sep 15, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,925
$101,075
22%
69%
$2,335/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,735/mo
$-155/mo
6.0%

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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2001 Commonwealth St | Property Details | No Agent List