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$165,000

3614 Montrose Blvd Unit 300, Houston, TX, 77006

$207,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,078 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$153.06 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
FlooringConcrete, Tile

Exterior

Exterior FeaturesBalcony/Terrace, Exercise Room, Trash Pick Up
Lot Size2.00 acres

Building Information

Year Built1964
Stories1

Land Information

APN1132770020001
SubdivisionParc Iv & Parc V Condo
Land UseResidential
Legal DescriptionUNIT 300 BLDG A .007072 INT COMMON LAND & ELE PARC IV & PARC V CONDO
Census Tract410703
Assessed Land Value$40,324
Assessed Improvement Value$171,909
Assessment Year2025

About this property

The Parc IV & Parc V high rise condominiums have had a number of major upgrades/improvements over the past several years, the latest being a generator. Many of the property owners have remodeled to create true showplaces. The stately red brick high rise buildings with unique architectural features and airy balconies are seated on beautifully maintained landscaped grounds with mature oak trees. Amenities include: a pool, fitness center, meeting rooms, expansive lounge areas, parking garage, central laundry (many of remodeled units add washer/dryer in their units), controlled access with new fob system, on-site managers during business hours, maintenance staff, and on-site security at varied times, and trash pick-up from alcoves at units. This 2/2 unit is well layed-out and has good natural light. The space is a prime opportunity for a personalized remodel.

Investor Tools

$0Estimated Mortgage Balance
$273,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$207,499
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month

Interested in this property?

Anthony Bianchi

Anthony Bianchi, Broker

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
$1,432/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34
$212,233
2025
$40,324
$171,909
$212,233
No

Tax History

Year
Tax Paid
Assessed Value
2024
$34
$212,233

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$273,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,432/mo
+$528/mo
8.6%

City: Houston

3614 Montrose Blvd Unit 300 | Property Details | No Agent List