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$225,100

NAL Estimated Property Value

2507 Montrose Blvd Apt 34, Houston, TX, 77006

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,092 Sq Ft
price_per_sqft$137.36 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1964

Land Information

APN1161990040034
SubdivisionThe Gardens Condo
Land UseResidential
Legal DescriptionUNIT 34 BLDG D .0216 INT COMMON LAND & ELE THE GARDENS CONDO 4TH AMEND
Census Tract410501
Assessed Land Value$42,874
Assessed Improvement Value$182,226
Assessment Year2025

About this property

New Listing in Montrose — ON Montrose! This 2-bed, 2-bath condo offers a blend of space, flexibility, and location. Originally two separate 1-bedroom units, it’s now a dual-suite layout (one up, one down) each with private entry and en-suite bath. Great roommate plan. Includes washer, dryer, & fridge. Two assigned garage spaces, and one is EV-ready! Steps from Niko Niko’s, Postino, and the iconic Katz’s Deli. Direct access to the METRO Red Line for easy commuting. Long-term residents, low turnover. Aggressively priced for a quick, as-is sale. Live or invest in one of Houston’s most walkable, culture-rich neighborhoods.

Investor Tools

Property Icon
$225,100
Estimated Property Value
$107,340Estimated Mortgage Balance
$117,760Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,351 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
$518/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,721
$225,100
2025
$42,874
$182,226
$225,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,721
$225,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Advancial Fcu
Arm (Adjustable Rate Mortgage)
$131,200
No
First
Sep 28, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,340
$117,760
52%
48%
$694/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,212/mo
+$748/mo
10.4%

City: Houston