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$157,495

2507 Montrose Boulevard 11, Houston, TX, 77006

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths597 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$263.81 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1964

Land Information

APN1161990020011
SubdivisionThe Gardens Condo
Land UseResidential
Legal DescriptionUNIT 11 BLDG B .0118 INT COMMON LAND & ELE THE GARDENS CONDO 4TH AMEND
Census Tract410501
Assessed Land Value$32,970
Assessed Improvement Value$140,558
Assessment Year2025

About this property

Furnished Montrose Condo – First Level, Pool View, Gated Entry, Garage Parking, Walkable Lifestyle! Live in the heart of Houston’s Montrose district in this fully furnished 1-bedroom, 1-bath condo with pool views and gated entry and garage parking. Located on the first floor, this turnkey unit comes furnished and includes a refrigerator, washer, and dryer. Ready for move-in or mid-term rental. Perfect for travel nurses, corporate housing, or investors, this pet-friendly community allows 30+ day rentals. Enjoy resort-style amenities and unbeatable walkability to Postino, Niko Niko’s, Mi Luna, Katz’s, and Common Bond. Just minutes to Downtown, the Medical Center, and the Museum District. Offered as-is at $157,495, this condo delivers low-maintenance urban living in one of Houston’s most vibrant neighborhoods. Motivated Seller-Relocating out of State for Work. Move in ready-just bring toothbrush. Unit provided Fully Turn Key Furnished or Vacant at Buyers Request.

Investor Tools

$85,254Estimated Mortgage Balance
$97,746Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month

Interested in this property?

Kiki Baker

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
$283/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,631
$173,528
2025
$32,970
$140,558
$173,528
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,631
$173,528

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Latch Investments Llc
Purchase Money Mortgage
$95,000
No
First
Feb 23, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,254
$97,746
53%
47%
$570/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$853/mo
+$787/mo
10.8%

City: Houston

2507 Montrose Boulevard 11 | Property Details | No Agent List