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$172,000

NAL Estimated Property Value

2516 Commonwealth Street 105, Houston, TX, 77006

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths762 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.57 / sqft
Year BuiltBuilt in 1969

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dishwasher, Oven, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1969
Stories1

Land Information

APN1108820000003
Subdivision2516 Commonwealth Condo
Land UseResidential
Legal DescriptionUNIT 105 BLDG A .0467 INT COMMON LAND& ELE 2516 COMMONWEALTH CONDO
Census Tract410402
Assessed Land Value$27,789
Assessed Improvement Value$118,469
Assessment Year2025

About this property

Location, Location, Location! Charming and move-in ready 1-bedroom, first-floor unit located in a private gated 20-unit community in the heart of Montrose! Enjoy unbeatable access to Houston’s most desirable destinations, including Downtown, the Museum District, the Texas Medical Center, and the Galleria, with major universities just minutes away. This super cute unit offers comfort, convenience, and security with two premium covered parking spaces assigned exclusively to the unit, located behind a remote-controlled security gate. Residents will also enjoy a beautifully maintained community courtyard, security cameras throughout the complex, and the added value of water and trash service included in the monthly rent. Ideally situated within walking distance to popular restaurants, shopping, entertainment, museums, and local hotspots, this home offers the best of urban living in one of Houston’s most sought-after neighborhoods. Move-in ready and waiting for you!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,584
$146,258
2025
$27,789
$118,469
$146,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,584
$146,258

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$172,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
11.4%

City: Houston