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!
Lot/land
Price cut: $151K (7/8)
$2,749,000
2014 Commonwealth St, Houston, TX 77006
--beds
0baths
0.55Acres
Unimproved Land
Built in ----
0.55 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 31 days |
- 115 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Zain Momin TREC #0737030 346-418-8229,
Atlas Real Estate,
Afsaneh Mahban TREC #0728708 346-418-8229,
Atlas Real Estate
Source: HAR,MLS#: 47446509
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 0.55 Acres
- Dimensions: 200 x 135 x 140 x 88
- Features: Split Possible, Corner Lot, 1/2 Up to 1 Acre, Other Lot Improvements
Details
- Parcel number: 0180250000006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Cable Available, Electricity Available
Community & HOA
Community
- Subdivision: Hyde Park
Location
- Region: Houston
Financial & listing details
- Tax assessed value: $826,186
- Annual tax amount: $17,558
- Date on market: 7/8/2026
- Listing terms: Cash,Conventional,Investor,Other
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
$3,441/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Price change | $2,749,000-5.2% |
Source:  HAR #47446509 Report a problem | ||
| 4/20/2026 | Listed for sale | $2,899,990 |
Source: HAR #98596488 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,558 +1.8% | $826,186 +0.3% |
| 2024 | $17,240 +4.6% | $823,955 +0.7% |
| 2023 | $16,485 +14.2% | $818,210 +24.8% |
| 2022 | $14,439 | $655,767 +15.3% |
| 2021 | -- | $568,675 +1.5% |
| 2020 | -- | $560,082 +20.6% |
| 2019 | $11,242 +9.4% | $464,250 -3% |
| 2018 | $10,276 | $478,490 +12.9% |
| 2017 | $10,276 -1.8% | $423,798 -0.1% |
| 2016 | $10,461 +2010.5% | $424,104 -0.1% |
| 2015 | $496 | $424,319 +7% |
| 2014 | $496 | $396,529 +21.9% |
| 2013 | -- | $325,230 +4.6% |
| 2012 | -- | $311,038 +11% |
| 2011 | -- | $280,211 +1.1% |
| 2010 | -- | $277,102 0% |
| 2009 | -- | $277,220 -0.7% |
| 2008 | -- | $279,148 +62.7% |
| 2005 | -- | $171,585 -6.9% |
| 2004 | -- | $184,310 +0.3% |
| 2003 | -- | $183,710 +1.2% |
| 2002 | -- | $181,600 +33.7% |
| 2001 | -- | $135,850 +15.7% |
| 2000 | -- | $117,370 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Neartown - Montrose
Nearby schools
GreatSchools rating
- 8/10Wilson MontessoriGrades: PK-8Distance: 0.2 mi
- 6/10Lamar High SchoolGrades: 9-12Distance: 1.8 mi
- 10/10Lanier Middle SchoolGrades: 6-8Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Baker Montessori School
- Middle: Lanier Middle School
- High: Lamar High School (Houston)
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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