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$209,000

NAL Estimated Property Value

3614 Montrose Blvd Unit 402, Houston, TX, 77006

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths768 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$332.03 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1964
Stories1

Land Information

APN1132770030003
SubdivisionParc Iv & Parc V Condo
Land UseResidential
Legal DescriptionUNIT 402 BLDG A .004345 INT COMMON LAND & ELE PARC IV & PARC V CONDO
Census Tract410703
Assessed Land Value$30,945
Assessed Improvement Value$131,922
Assessment Year2025

About this property

One of the finest renovations to come to market in the Parcs buildings, this extensively updated one-bedroom at Parc IV in Montrose offers high-end design and a prime location. Features include raised ceilings, wood floors, modern lighting, and a sleek steel-framed bifold door separating a flexible office or storage space. The kitchen and bathroom are fully finished with Porcelanosa quartz, cabinetry, tile, and fixtures. Appliances include Fisher & Paykel, KitchenAid, Miele, GE, and a Bosch washer and dryer. The bedroom has a custom closet system, and the bathroom features Porcelanosa tile, a floating vanity, and mirrored medicine cabinet. All utilities except Wi-Fi are included in the HOA. Up to two parking spaces are available, dependent on number of driver occupants. A soon-to-be-installed building generator will offer peace of mind and added value. Residents enjoy a pool, gym, lounge, secure entry, and proximity to museums, dining, the Medical Center, and downtown.

Investor Tools

Property Icon
$209,000
Estimated Property Value
$0Estimated Mortgage Balance
$209,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
$830/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,298
$162,867
2025
$30,945
$131,922
$162,867
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,298
$162,867

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$203,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$830/mo
+$810/mo
9.4%

City: Houston

3614 Montrose Blvd Unit 402 | Property Details | No Agent List