53Days on Market

4view

$440,000

510 Lovett Boulevard 404, Houston, TX, 77006

On Market

3 Beds

2 Bath

1,685 Sq Ft

Condos / Townhouses

$261.13 / sqft

Built in 2008

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer

FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built2008

Land Information

APN1318250000022

SubdivisionLovett Place Condo 4th Amend

Land UseResidential

Legal DescriptionUNIT 404 .0481 INT COMMON LAND & ELE LOVETT PLACE CONDO 4TH AMEND

Census Tract410704

Assessed Land Value$62,020

Assessed Improvement Value$264,400

Assessment Year2025

About this property

Welcome to 510 Lovett Blvd: Located in the heart of Montrose, this top-floor 3-bedroom, 2-bath condo has city views, abundant natural light, and a flexible layout. The third room easily functions as a home office, guest room, or creative space. You'll enjoy an open-concept design, modern finishes, and a balcony that's accessible from all rooms. The kitchen was updated in 2021 along with the installation of a new AC in the primary bedroom the same year. The home is in a prime location, walking distance to Montrose’s best restaurants, coffee shops, and nightlife, with quick access to US-59 and SH-288. At 510 Lovett Blvd sophistication and convenience meet in one of Houston’s most walkable neighborhoods. Contact us today for a private tour!

Investor Tools

$0Estimated Mortgage Balance

$436,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,640 /month

Positive

Cash Flow Estimate:

$880 /month

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David Outlaw

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$612/month

$1,050/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,170

$326,420

2025

$62,020

$264,400

$326,420

Tax History

Year

Tax Paid

Assessed Value

2024

$5,170

$326,420

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$436,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$1,050/mo

+$1,530/mo

7.1%

Learn About the Market: Opportunity in Houston

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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.

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