Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$209,900

3600 Montrose Blvd Unit 508, Houston, TX, 77006

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths675 Sq Ft
price_per_sqft$310.96 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Wine Refrigerator, Electric Oven, Microwave, Induction Cooktop, Dishwasher, Washer/Dryer
FlooringEngineered Wood

Exterior

Exterior FeaturesBalcony/Terrace, Exercise Room, Trash Pick Up

Building Information

Year Built1965
Stories1

Land Information

APN1132780040008
SubdivisionParc Iv & Parc V Condo
Land UseResidential
Legal DescriptionUNIT 508 BLDG B .003956 INT COMMON LAND & ELE PARC IV & PARC V CONDO
Census Tract410703
Assessed Land Value$37,634
Assessed Improvement Value$160,441
Assessment Year2025

About this property

Beautifully renovated corner residence at Parc V in the heart of Montrose, offering panoramic western views, beautiful afternoon light and spectacular sunsets. This stylish one-bedroom features engineered wood floors, an extended quartz peninsula, induction cooktop, stainless appliances, wine refrigerator, generous storage and a designer bath with walk-in shower. A rare in-unit washer/dryer connection with combo unit adds everyday convenience. Floor-to-ceiling glass opens to a private west-facing balcony overlooking the treetops and iconic gold dome of the Annunciation Greek Orthodox Cathedral. Parc V features a recently installed full-building generator, pool, fitness center, resident lounge and one parking space per driver occupant. Monthly HOA dues include electricity, water, sewer, trash and other utilities, with Wi-Fi excluded. Ideally located near the Menil Collection, museums, dining, shopping and the best of Montrose.

Investor Tools

$103,308Estimated Mortgage Balance
$95,398Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,259 /month
Positive
Cash Flow Estimate:
$420 /month

Interested in this property?

William Finnorn

Martha Turner Sotheby's International Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
$801/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,011
$198,075
2025
$37,634
$160,441
$198,075
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,011
$198,075

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Armed Forces Bank Na
Conventional
$105,000
No
First
Jun 5, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,308
$100,692
49%
52%
$630/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,431/mo
+$209/mo
9.9%

City: Houston

3600 Montrose Blvd Unit 508 | Property Details | No Agent List