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$ 2,899,990
Est. payment /mo
Active
2014 Commonwealth ST Houston, TX 77006
0.55 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Hyde Park
MLS Listing ID 98596488
HOA Y/N No
Tax Year 2025
Lot Size 0.550 Acres
Acres 0.55
Property Description
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!
Location
State TX
County Harris
Area Montrose
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water Access Desc Public
Building
Lot Description Corner Lot, Other, Split Possible
Sewer Public Sewer
Water Public
Schools
Elementary Schools Baker Montessori School
Middle Schools Lanier Middle School
High Schools Lamar High School (Houston)
School District 27 - Houston
Others
Tax ID 018-025-000-0006
Acceptable Financing Cash, Conventional, Investor Financing, Other
Listing Terms Cash, Conventional, Investor Financing, Other
Listed by Atlas Real Estate Zain Momin
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