811 Lovett Blvd #20
Houston, TX 77006
Listing Price $185,000
Negotiated purchase price of $175,000 to close on October 28, 2020
This is a smaller townhome community in the Montrose area within walking distance to restaurants, shops and nightlife.
There are 30 units in the complex, laundry facilities and common pool lounge area.
Unit #20 is a 2 bedroom, 2 and a half bath with two assigned gated parking spaces
15 minutes to Galleria, 4 minutes to the Museum District, 9 minutes to the Medical Center, 7 minutes to Midtown, 8 minutes to Downtown
Median home value in the 77006 zip code are $525,000 this includes townhomes, condos, and single family residence.
Median rental prices for 2 bedrooms and up in the 77006 zip code is $2,300 per month.
Anticipated ARV $275,000-$280,000 based on sold units in the last few years. As this is a smaller complex very few units go on the market.
Anticipated rental $2,300 per month or utilized as Airbnb
All utilities are paid by the HOA and included with the monthly rent for tenants.