$900,000
SOLD MAY 2, 2024
Last list price

516 W Gray St Houston, TX 77019

Montrose Neighborhood
1 Bed
1 Bath
2,540 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$354 Per Sq Ft

15 Days on Market

Highlights

  • Furnished
  • Electric Gate
  • Central Heating and Cooling System
  • Wharton Dual Language Academy Rated A-

About This Home

As of May 2024

Discover the charm and modern updates of this historic 4-plex, nestled in the prestigious Montrose community off W. Gray. Recent upgrades elevate the property's appeal, including new PEX lines, foundation stabilization, and contemporary interior enhancements such as new refrigerators, countertops, shelves, dishwashers, faucets, cabinets, and a fresh coat of paint. Comfort and convenience are further enhanced with in-unit washer/dryers, dimmable modern dining room lights, new stoves and ovens, water-saving toilets, updated bathroom floors and tiles, tubs, showers. The property also features hardwood floors, and is entirely electric, catering to eco-conscious tenants. Each apartment comes with a parking spot in a gated backyard. Located in an area recognized for its walkability and proximity to downtown, this property is an outstanding opportunity for investors seeking to add value to a versatile and well-positioned asset that can be used as Airbnb.
No HOA & No Flooding Zone.

Last Agent to Sell the Property

Kate Myhan

The Sears Group License #0719484

The Sears Group

Last Buyer's Agent

Napapong Roudreiw

Studio Real Estate, LLC License #0491003

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,840

Year Built

  • Built in 1932

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Furnished

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Electric Gate
  • Paved Parking

Schools

  • William Wharton K-8 Dual Language Academy Elementary School
  • Gregory-Lincoln Middle School
  • Lamar High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Alden Place Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,840

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Directions: Off west Gray, just west of Barnaby's
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1932
  • Subdivision Name: Alden Place
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Furnished
  • Living Area: 2540.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Composition

Garage/Parking

  • Parking Features: Electric Gate, Paved

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: WILLIAM WHARTON K-8 DUAL LANGUAGE ACADEMY
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: GREGORY-LINCOLN MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13840.0

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold -- -- --
03/15/2024 03/15/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $900,000 -- $354 / Sq Ft
Source: Houston Association of REALTORS®

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Source: Houston Association of REALTORS®

MLS Number: 17271894

Houston Association of REALTORS®

Texas Harris County Houston 77006 Montrose

516 W Gray St, Houston, TX

Homes for Sale in Houston, TX

This home is located at 516 W Gray St, Houston, TX 77019 and is currently priced at $900,000, approximately $354 per square foot. This property was built in 1932. 516 W Gray St is a home located in Harris County with nearby schools including Wharton Dual Language Academy, Gregory-Lincoln Ed Center, and Lamar High School.

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