2014 Commonwealth Street, Houston, Texas 77006
$2,899,990
0 Beds
0 Full Baths
Lots
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About 2014 Commonwealth Street
RARE OPPORTUNITY to acquire a contiguous assemblage of FIVE parcels totaling approximately 0.56 ACRES in the heart of MONTROSE. The property includes FOUR income-producing commercial buildings totaling approximately 10,750 SF, along with one undeveloped lot—offering immediate cash flow with significant upside for redevelopment, owner-user use, or long-term hold.This prime site is surrounded by UPSCALE residential, boutique retail, and walkable dining, with easy access to Downtown, the Texas Medical Center, Museum District, Hermann Park, and the Ion District. The portfolio currently can generate approximately $17,200//MONTH in rental INCOME, allowing investors to hold the asset while working through project plans, entitlements, and preliminary development without carrying vacant land. With neighboring townhomes trading for over $1M and a significant influx of growth throughout Montrose, this site is positioned in a high-demand area ideal for luxury residential or mixed-use development!
Highlights
2014 Commonwealth Street
$2,899,990
Lots
Houston 77006
23,958 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
018-025-000-0006
Tax Rate
2.1252%
Taxes w/o Exemption/Yr
Unknown
Maint Fee
No
Interior Features
Fireplace
No
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Water Sewer
Public Sewer
Private Pool
No
Area Pool
No
Lot Description
1/2 Up to 1 Acre, Can Be Subdivided, Corner Lot, Other Lot Improvements
New Construction
No
Listing Firm
Atlas Real Estate
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Baker Montessori | Elementary | None of 10 |
| Lanier Middle | Middle | 10 of 10 |
| Lamar High | High | 6 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
