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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!
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 4/20/2026 |
|---|---|---|---|
| TRACT | Hyde Park | YEAR BUILT | 0 |
| COMMUNITY | 16 | COUNTY | Harris |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Baker Montessori School |
|---|---|
| Jr. High School | Lanier Middle School |
| High School | Lamar High School (Houston) |
| ADDITIONAL DETAILS | |
| AREA | 16 |
|---|---|
| LOT | 0.55 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 200 x 135 x 140 x 88 |
| SEWER | Public Sewer |
| SUBDIVISION | Hyde Park |
| UTILITIES | Natural Gas Available, Cable Available, Electricity Available, Phone Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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