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$461,000

NAL Estimated Property Value

2505 Commonwealth Street, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,096 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$183.68 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size2,082 sqft

Building Information

Year Built1975
Garage Spaces2

Land Information

APN0180060000023
SubdivisionHyde Park
Land UseResidential
Legal DescriptionTR 9C BLK 6 HYDE PARK
Census Tract410402
Assessed Land Value$197,600
Assessed Improvement Value$200,123
Assessment Year2025

About this property

Come see this NOLA French Quarter style townhome in the heart of one of Houston's most beautiful and historic neighborhoods-Hyde Park! This updated 2-story TH offers a spacious gated entry courtyard w/deck that's perfect for entertaining. On the first floor, the family room overlooks the courtyard with a beautiful brick fireplace w/built-ins and crown molding. The chef's kitchen is open to the dining room and has gorgeous custom wood cabinetry w/coffee granite counters. The indoor utility leads to the attached garage w/large cedar storage closet. Upstairs you will find the huge Master Suite w/updated vanity, cabinets, custom shower and large walk-in closet. There are also two additional bedrooms and an updated hall bath. Home features Low-E, double-pane, double hung windows, LED lights, unique can skylights in master bath and bedroom #3. Decorator paint and custom tile designs by the owner. Fantastic location w/tree-lined walks; close to entertainment. Hurry before it's gone!

Investor Tools

Property Icon
$461,000
Estimated Property Value
$353,607Estimated Mortgage Balance
$107,393Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,766 /month
Positive
Cash Flow Estimate:
$922 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,304
$397,723
2025
$197,600
$200,123
$397,723
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,304
$397,723

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$383,625
Yes
First
Mar 25, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,607
$107,393
23%
77%
$2,301/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,301/mo
+$279/mo
6.7%

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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2505 Commonwealth Street | Property Details | No Agent List