Introducing a prime multifamily investment opportunity in the heart of Montrose! This well-maintained property offers six units: four spacious 3-bedroom, 2-bathroom units and two cozy 1-bedroom, 1-bathroom units, all 100% occupied. Situated on a generous 17,000 square foot lot, the property features gated parking, an on-site laundry facility, and a large common backyard, perfect for outdoor relaxation. The unbeatable location places you minutes from downtown, the Texas Medical Center, and Midtown, with easy access to shopping, dining, and entertainment. This is a rare opportunity to own a fully-leased property in one of Houston’s most vibrant neighborhoods.
Property Details
Property Features
Property Information:
Architectural Style: Split Level
Year Built: 1920
Stories: 2
Living Area: 7,880 SqFt
Listing Office:
Office Name: Better Homes and Gardens Real Estate Gary Greene - West Gray
This property is $3.6M more than the Median Sold Price and $342/SqFt more than other homes in Houston, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #47513051
Listing Office:
Office Name: Better Homes and Gardens Real Estate Gary Greene - West Gray
Office Phone: (713) 961-1722
Listing Agent: Christopher Williams
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Last updated on: 11/22/2024, 4:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$20K
Per Month
Principal & Interest
$19.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Arabic Immersion Magnet School
4001 Stanford St
Distance between this listing and this school0.41 miles
Public Magnet Grades PK-5
7
/10
MacGregor Elementary School
4801 La Branch St
Distance between this listing and this school1.08 miles
Public Magnet Grades EE-5
5
/10
Poe Elementary School
5100 Hazard St
Distance between this listing and this school1.65 miles
Public Magnet Grades EE-5
Nearby Schools
8
/10
Baker Montessori School
2100 Yupon St
Distance between this listing and this school0.79 miles
Public Magnet Grades EE-8
7
/10
Wharton Dual Language Academy
900 W Gray St
Distance between this listing and this school0.82 miles
Public Magnet Grades EE-8
6
/10
Gregory-Lincoln Education Center
1101 Taft St
Distance between this listing and this school0.93 miles
Public Magnet Grades EE-8
Nearby Schools
10
/10
Carnegie Vanguard High School
1501 Taft St
Distance between this listing and this school0.80 miles
Public Magnet Grades 9-12
8
/10
Houston Academy for International Studies
1810 Stuart St
Distance between this listing and this school1.09 miles
Public Magnet Grades 9-12
9
/10
Young Women's College Preparatory Academy
1906 Cleburne St
Distance between this listing and this school1.13 miles
The neighbors living near this home have an average income of $46,719. Typical income of Houston, TX residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 422/426 Lovett Blvd Unit 6
What is the listing price of this property?
The listing price of 422/426 Lovett Blvd Unit 6 property is $4,000,000.
What type of property is this?
The property 422/426 Lovett Blvd Unit 6 is a house located in Houston, Texas, 77006.
Is this property for sale now?
Active Listing: 422/426 Lovett Blvd Unit 6 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 422/426 Lovett Blvd Unit 6 has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 422/426 Lovett Blvd Unit 6 is 7,880 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 422/426 Lovett Blvd Unit 6 is 1920.
Interested in 422/426 Lovett Blvd Unit 6? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 422/426 Lovett Blvd Unit 6 in Houston, TX and zip code 77006 in the Central Houston neighborhood. This 7,880 square foot home was built in 1920. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $4,000,000.
While more than 298 listings in Houston, TX in October 2024 were sold above asking price, there were more than 429 listings sold at asking price, and more than 1241 were sold below. In October 2024 in Houston, TX there were 19% more homes for sale than in September 2024. In October 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $319,958.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. 
Music Concerts
Music Concerts
Hiking/backpacking
Art Museums
H&M
Bloomingdales
Banana Republic
Chipotle
Starbucks
Boston Market
Volkswagen
Audi
Mercedes
Rhythmic Contemporary Hits
News