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$1,495,000

2518 Grant Street, Houston, TX, 77006

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths2,312 Sq Ft
price_per_sqft$646.63 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size8,102 sqft

Building Information

Year Built1939

Land Information

APN0180100000008
SubdivisionHyde Park
Land UseCommercial
Legal DescriptionTRS 8 & 9 BLK 10 HYDE PARK
Census Tract410501
Assessed Land Value$891,000
Assessed Improvement Value$158,443
Assessment Year2025

About this property

An incredible 6 unit income producing property in ever popular Montrose. Monthly income of $8,450 or $101K/year. Front building is being used for commercial tenants. It is a Duplex with 3 offices plus a waiting area/unit. Each has its own private balcony or massive patio, filled with lots of character, hardwood & tile floors. Whole building has recently undergone countless upgrades attracting long term professional tenants. Separate building in the back has an additional 4 units. Making this mixed use property a solid long term investment. Creating an extremely rare opportunity in a centralized location. 2 blocks from the Montrose collective, 1.5 blocks from Niko Niko’s & across the street from Postino. An opportunity to profit from very sought after qualities that this location & neighborhood allows. Own a strong investment in the Prestigious Montrose area. A location near impossible to beat. Present & future land demand in this area will grow your investment. Location is a rare gem.

Investor Tools

$0Estimated Mortgage Balance
$1,049,443Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,970 /month
Positive
Cash Flow Estimate:
$2,990 /month

Interested in this property?

Gabriel Torre

Ignite Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,924
$1,049,443
2025
$891,000
$158,443
$1,049,443
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,924
$1,049,443

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,049,443
100%
0%
$0/mo

City: Houston

2518 Grant Street | Property Details | No Agent List