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Owner Contacts

$797,000

NAL Estimated Property Value

608 Colquitt St, Houston, TX, 77006

Off Market

3 Beds

3 Bath

2,512 Sq Ft

Condos / Townhouses

$1.55 / sqft

Built in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Lot Size2,997 sqft

Building Information

Year Built1979

Stories2

Garage Spaces2

Land Information

APN0230630000012

SubdivisionLockhart Connor & Barziza

Land UseResidential

Legal DescriptionTR 12 BLK 7 LOCKHART CONNOR & BARZIZA

Census Tract410706

Assessed Land Value$225,000

Assessed Improvement Value$296,899

Assessment Year2025

About this property

FURNISHED HOME with PRIVATE POOL! Sophisticated living in one of Houston’s most vibrant neighborhoods! Beautifully furnished two-story home in Montrose offers refined living just minutes from the Museum District & Texas Medical Center. Featuring 3 bedrooms, 2 1/2 baths. Inside the front door, the entry opens to a modern kitchen & dining area with access to an atrium patio. Expansive living room boasts vaulted ceiling, wood-burning fireplace, and sliding glass doors leading to a private backyard oasis with POOL —no overhead neighbors, full privacy fencing. All bedrooms upstairs, including a large primary suite with sleek bathroom, double vanities, oversized shower, and dual walk-in closets. Additional features include home office, full-size washer/dryer, walk-in closets in all bedrooms. Amenities package includes biweekly housekeeping & pool service for add'l $450. A rare find in Montrose—schedule your tour today! NO Cats- Dogs only, case by case.

Investor Tools

$797,000

Estimated Property Value

$221,200Estimated Mortgage Balance

$575,800Estimated Equity

74% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,782 /month

Positive

Cash Flow Estimate:

$1,594 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,210/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,529

$521,899

2025

$225,000

$296,899

$521,899

Tax History

Year

Tax Paid

Assessed Value

2024

$10,529

$521,899

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Credit Line (Revolving) / Heloc

$250,000

First

Jun 17, 2020

Jun 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$221,200

$651,800

74%

28%

$1,499/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$1,499/mo

+$1,081/mo

3.9%

Learn About the Market: Opportunity in Houston

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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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