516 Colquitt Street

Houston, TX 77006

$619,000
Price
3
Beds
1
Bath
2,604 Sq. Ft.
$238 / Sq. Ft.
2,604
Sq. Ft.
$238
per Sq. Ft.

Description

Priced to Sell! Beat interest rates, great investment opportunity to dwell in one unit and generate income from the secondary unit. Nestled vibrant Montrose, this beautifully updated duplex offers a unique opportunity for those seeking the perfect blend of urban living. Enjoy the best of Montrose living with easy access to the neighborhood's renowned restaurants, cafes, boutique shops, and cultural attractions. Explore the art scene and the Museum District just moments away. Relax and entertain in...Priced to Sell! Beat interest rates, great investment opportunity to dwell in one unit and generate income from the secondary unit. Nestled vibrant Montrose, this beautifully updated duplex offers a unique opportunity for those seeking the perfect blend of urban living. Enjoy the best of Montrose living with easy access to the neighborhood's renowned restaurants, cafes, boutique shops, and cultural attractions. Explore the art scene and the Museum District just moments away. Relax and entertain in the private spacious backyard, a serene escape within the city. It's the perfect spot for barbecues, gardening, simply unwinding or catering to pets. The upstairs unit has been recently renovated, the downstairs unit is tenant occupied. Unit A is 2 bedroom 1 bath and unit B is a 3 bedroom 1 bath. This property offers income potential, with separate entrances for each unit, this duplex presents an excellent opportunity for rental income, a guest suite, or a office space setup.
  1. Listed by Kendra Oden • TREC #0650813 • Brombacher & Co.

Property Details for 516 Colquitt Street

Area
16
Geo Market Area
Montrose
Subdivision
Colquitt At Jack Th
School District
27 - Houston
Cool System
Central Electric

Location

Listing Courtesy of Brombacher & Co., Kendra Oden, TREC #0650813
Add your commute
LISTING UPDATED: 05/02/2024 12:30 PM

Property Details for 516 Colquitt Street

StatusActive
MLS #11413434
Days on Market80
Taxes$10,727 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built1945
Lot Size0.14 AC / 6,000 SF
CountyHarris County

Location

Listing Courtesy of Brombacher & Co., Kendra Oden, TREC #0650813
Add your commute

Building Information for 516 Colquitt Street

Stories2Residences1Year Built1945Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$4,272 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,378

Property Taxes

$894

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 516 Colquitt Street

Description Information
School Details
  • School Elementary: MACGREGOR ELEMENTARY SCHOOL
  • School Middle: GREGORY-LINCOLN MIDDLE SCHOOL
  • School High: LAMAR HIGH SCHOOL (HOUSTON)
Building Details
  • Stories: 2
  • Unit Total: 2
  • New Construction: No
  • Year Built Src: Appraisal District
Lot Information
  • Sq Ft Source: Appraisal District
  • Lot Size Source: Appraisal District
  • Section Num: 163
  • Parcel Number: 023-060-000-0014
Parking
  • Parking Features: Carport Parking
Unit Information
Unit 1
  • Unit Type: 2 Bedrooms
  • BR 3 Dimensions: 0
Interior Exterior Utilities and Additional Information
Interior Features
  • Microwave: No
  • Dishwasher: Yes
  • Disposal: Yes
  • Refrigerator: Yes
  • Range: Yes
  • Floors: Wood
  • Unit Features: Balcony, Fenced Area, Fireplace, Hardwood Floors, Patio
  • Misc Features: Fire/Smoke Alarm, Private Entry, Washer/Dryer Connections
Exterior Features
  • Roof: Composition
  • Siding: Stucco
  • Heat System: Central Electric
  • 55+ Community: No
Financial Information
HOA and Fees
  • Maintenance Fee: No
  • Fee Other: No
  • Tax Year: 2022
  • Tax Rate: 2.20%
Financial Information
  • Tenancy Type: Month to Month

Property History for 516 Colquitt Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 516 Colquitt Street

Taxable ValueLand$440,000Additions$108,600Total$548,600
Tax Record2022$11,053 ($921 / month)
Home Facts
Baths2Total Finished SqFt2,604 SqFtAbove Grade Finished SqFt2,604 SqFtStories2Lot Size6,003 SqFtStyleDuplexYear Built1945CountyHARRISAPN0230600000014Fireplace TypeHas Fireplace

Schools near 516 Colquitt Street

This home is within Houston Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Macgregor El
PublicPK to 5

Young Women's College Prep Academy
Public6 to 12

Lamar High School
Public9 to 12

Houston Academy For International
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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516 Colquitt Street is a multi-family home for sale in Houston, TX 77006. This property was listed for sale on February 7, 2024 by Brombacher & Co., it's currently listed at $619,000. This listing's school district is Houston Independent School District. Nearby schools include Macgregor El, Young Women's College Prep Academy and Lamar High School. 516 Colquitt Street is a 3-bed, 1-bath, 2,604 sqft multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brombacher & Co., Kendra Oden, TREC #0650813

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