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$920,774

NAL Estimated Property Value

606 Colquitt St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,652 Sq Ft
price_per_sqft$279.03 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size6,003 sqft

Building Information

Year Built1920
Stories1

Land Information

APN0230630000003
SubdivisionLockhart Connor & Barziza
Land UseResidential
Legal DescriptionTRS 3 4 & 5 BLK 7 LOCKHART CONNOR & BARZIZA
Census Tract410706
Assessed Land Value$440,000
Assessed Improvement Value$480,774
Assessment Year2025

About this property

Traditional Montrose bungalow with a modern spin. Renovated interior and a second floor added in 2014. A short distance from Menil Park & tons of dining! Adjacent to The Ion, heart of Houston's innovation district. An inviting porch welcomes you inside the open concept living, dining, & kitchen areas. Upgraded counter tops, an apron sink, stainless steel appliances, private study with French doors along with two guest bedrooms all complete the first floor. Upstairs is a stunning primary retreat featuring a sitting area with wet bar, incredible spa-like primary bath & amazing walk-in closet. Situated on a premier lot, with rare backyard space for the area, this home has new astro turf & has a covered deck perfect for entertaining and gatherings. Generously sized utility room with an abundance of storage. There is combined 500 sq ft quarters/guest house of new construction apartment featuring a modern minimalistic feel, which can be used for guests, office space, or as investment income.

Investor Tools

Property Icon
$920,774
Estimated Property Value
$72,171Estimated Mortgage Balance
$848,603Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,525 /month
Positive
Cash Flow Estimate:
$1,842 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,601/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,607
$920,774
2025
$440,000
$480,774
$920,774
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,607
$920,774

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial Savings Fa
Credit Line (Revolving) / Heloc
$91,357
No
First
Jun 29, 2016
Jul 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,171
$849,829
92%
8%
$548/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$548/mo
+$2,032/mo
3.4%

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.

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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606 Colquitt St | Property Details | No Agent List