B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$194,000

NAL Estimated Property Value

3614 Montrose Blvd Unit 503, Houston, TX, 77006

Off Market

1 Beds

1 Bath

733 Sq Ft

Condos / Townhouses

$2.46 / sqft

Built in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Refrigerator, Dishwasher

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1964

Stories1

Garage Spaces1

Land Information

APN1132770040004

SubdivisionParc Iv & Parc V Condo

Land UseResidential

Legal DescriptionUNIT 503 BLDG A .004214 INT COMMON LAND & ELE PARC IV & PARC V CONDO

Census Tract410703

Assessed Land Value$34,651

Assessed Improvement Value$147,721

Assessment Year2025

About this property

Welcome to this beautifully renovated light filled condominium in the heart of Montrose. Enjoy and open kitchen with sleek modern cabinetry, quartz countertops, new appliances and plumbing fixtures. Solid oak floors set the tone for quiet luxury, and the open floor plan allow a spacious yet intentional flow. Enjoy daily meals at the breakfast bar and entertain guests around the dining room table, all while taking in gorgeous city views through the floor to ceiling patio doors. Thoughtful storage throughout makes this unit both airy and functional. The renovated bathroom is adorned with modern penny tile, marble countertops, vessel sink and back-lit mirror. Building amenities include multiple gathering spaces, a pool, gym and onsite laundry. Enjoy modern living and city conveniences at your fingertips.

Investor Tools

$194,000

Estimated Property Value

$132,617Estimated Mortgage Balance

$61,383Estimated Equity

29% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,164 /month

Positive

Cash Flow Estimate:

$388 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$255/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,092

$182,372

2025

$34,651

$147,721

$182,372

Tax History

Year

Tax Paid

Assessed Value

2024

$2,092

$182,372

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Conventional

$133,000

First

Mar 2, 2026

Apr 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$132,617

$55,383

29%

68%

$798/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$798/mo

+$842/mo

10.1%

Learn About the Market: Opportunity in Houston

Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore This Area