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$351,000

NAL Estimated Property Value

510 Lovett Blvd Apt 206, Houston, TX, 77006

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,437 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$226.17 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2008

Land Information

APN1318250000006
SubdivisionLovett Place Condo 4th Amend
Land UseResidential
Legal DescriptionUNIT 206 .0410 INT COMMON LAND & ELE LOVETT PLACE CONDO 4TH AMEND
Census Tract410704
Assessed Land Value$55,118
Assessed Improvement Value$234,979
Assessment Year2025

About this property

Sophisticated two-bedroom, two-bath condo in the heart of Montrose. Crisp, clean style defines Lovett Place, a 2008 residential building located on elegant Lovett Boulevard. This second-floor unit offers a long balcony across the full width of the unit. Features include high ceilings, gleaming wood floors and open living / dining / kitchen spaces, where a virtual wall of windows provides ample natural light. Kitchen offers breakfast bar w/ task lighting, gas range, granite countertops & SS appliances. Primary bedroom suite is huge, easily accommodating a king-size bed and larger furniture pieces. Primary bath features double sinks, jetted garden tub & separate shower, WC, plus a great walk-in closet as well! Delightful guest bedroom also offers a walk-in closet and has access to the nearby full bath. Laundry has space for full-size washer & dryer plus shelving for storing supplies. Amenities include assigned garage parking, workout facilities & ROOFTOP PATIO w/ FANTASTIC DOWNTOWN VIEW!

Investor Tools

Property Icon
$351,000
Estimated Property Value
$0Estimated Mortgage Balance
$351,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,106 /month
Positive
Cash Flow Estimate:
$702 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
$722/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,498
$290,097
2025
$55,118
$234,979
$290,097
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,498
$290,097

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$338,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$722/mo
+$1,238/mo
6.7%

Learn About the Market: Opportunity in Houston

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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 Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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510 Lovett Blvd Apt 206 | Property Details | No Agent List