2014 Commonwealth St Houston, TX 77006
Montrose NeighborhoodEstimated payment $16,812/month
Highlights
- 0.55 Acre Lot
- Corner Lot
- 4-minute walk to Luna's Park
- Baker Montessori Rated A-
About This Lot
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!
Property Details
Property Type
- Land
Lot Details
- 24,178 Sq Ft Lot
- Corner Lot
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Schools
- Baker Montessori Elementary School
- Lanier Middle School
- Lamar High School
Utilities
- Phone Available
- Cable TV Available
Community Details
- Hyde Park Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,240 | $826,186 | $618,960 | $207,226 |
| 2024 | $17,240 | $823,955 | $618,960 | $204,995 |
| 2023 | $17,240 | $818,210 | $618,960 | $199,250 |
| 2022 | $14,439 | $655,767 | $490,010 | $165,757 |
| 2021 | $13,254 | $568,675 | $462,780 | $105,895 |
| 2020 | $13,563 | $560,082 | $462,780 | $97,302 |
| 2019 | $11,748 | $464,250 | $385,650 | $78,600 |
| 2018 | $11,748 | $478,490 | $385,650 | $92,840 |
| 2017 | $10,794 | $423,798 | $334,230 | $89,568 |
| 2016 | $10,461 | $424,104 | $334,230 | $89,874 |
| 2015 | $496 | $424,319 | $334,230 | $90,089 |
| 2014 | $496 | $396,529 | $308,520 | $88,009 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2026 04/20/26 | For Sale | $2,899,990 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | Stewart Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $195,000 | No Value Available |
Source: Houston Association of REALTORS®
MLS Number: 98596488
APN: 0180250000006
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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.