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
$2,899,990
2014 Commonwealth St, Houston, TX 77006
--beds
0baths
0.55Acres
Unimproved Land
Built in ----
0.55 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 64 days |
- 89 |
- 2 |
Likely to sell faster than
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#: 98596488
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: 4/20/2026
- 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 |
|---|---|---|
| 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
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Harris County
- Houston
- 77006
- Neartown - Montrose
- 2014 Commonwealth St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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