Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,490,000

516 W Main St, Houston, TX, 77006

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths2,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$620.83 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Gas Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size6,251 sqft

Building Information

Year Built1945
Stories1
Garage Spaces1

Land Information

APN0230590000006
SubdivisionLockhart Connor & Barziza
Land UseResidential
Legal DescriptionTRS 6 7 8C & 12A BLK 3 LOCKHART CONNOR & BARZIZA
Census Tract410706
Assessed Land Value$450,000
Assessed Improvement Value$104,469
Assessment Year2025

About this property

Beautifully renovated and expanded one-story home in the heart of Montrose! Situated in a designated Historic District, this exceptional residence has been thoughtfully reimagined while following historic guidelines, preserving its character, yet with modern comforts. A welcoming front porch opens to a sunlit living room with adjoining sitting area. High ceilings create an airy, spacious ambience throughout. An ample dining area flows into the striking kitchen appointed with custom cabinetry, quartz countertops, and a complete suite of ZLINE appliances. A central hallway leads to four inviting bedrooms, each featuring an elegant en-suite bath. Beautiful powder room off the kitchen. Enjoy the timeless appeal of this historic neighborhood. Prime location near the Museum District, Texas Medical Center, and Montrose’s celebrated restaurants, shopping & nightlife. A wonderful opportunity to experience one-story living in one of Houston’s most cherished neighborhoods!

Investor Tools

$605,355Estimated Mortgage Balance
$554,469Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,940 /month
Positive
Cash Flow Estimate:
$2,980 /month

Interested in this property?

Rae Lynn White

Berkshire Hathaway HomeServices Premier Properties

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,418
$554,469
2025
$450,000
$104,469
$554,469
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,418
$554,469

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quick Lending Llc
Commercial
$621,950
No
First
Apr 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$605,355
N/A
0%
109%
$3,729/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$3,729/mo
$-1,769/mo
4.2%

City: Houston

516 W Main St | Property Details | No Agent List