Directions Drive Time

Ready to sell your home?

If you like this property and are also considering selling your current home, you may find out how now. Request your home selling analysis featuring Recently Sold, Market Analysis, Home Valuations and Market Update.

Get Started

General Description

minimize

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.

MLS#:

17271894 (HAR)

Sold Price Range:

$827,001 - $947,000

Listing Status:

Sold

Address:

516 W Gray St

City:

Houston

State:

Zip Code:

77019

County:

Harris County

Subdivision:

Alden Place (View subdivision price trend)

Legal Description:

LT 33 BLK 6 ALDEN PLACE

Property Type:

Multi-Family - Fourplex

Stories:

Year Built:

1932 / Appraisal District

Building Sqft.:

2,540 /Appraisal District

Lot Size:

5,000 Sqft. /Appraisal District

Key Map©:

493N

Market Area:

Montrose

Rooms/Lot Dimensions

1 Bdr #:

Interior Features

Cooling:

Central Electric

Heating:

Central Electric

Dishwasher:

Yes

Microwave:

Yes

Disposal:

Yes

Exterior Features

Roof:

Composition

Parking:

Automatic Driveway Gate, Off Site Parking, Paved Area

Parking Unit:

One

Additional Information

List Type:

Exclusive Agency to Sell/Lease

Unit Feature:

Furnished

Buyer Agent Compensation*:

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional, Investor, VA

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$13, 840/2023

Tax Rate:

2.0148

Listing Broker:

JPAR - The Sears Group

Property Tax

minimize

Neighborhood Tax Rates for Alden Place


Tax Type	Tax Name	Tax Rate
CITY	HOUSTON CITY OF	0.5336%
COMMUNITY COLLEGE DISTRICT	HOUSTON COMMUNITY COLLEGE	0.0956%
COUNTY	HC DEPARTMENT OF EDUCATION	0.0049%
COUNTY	HARRIS COUNTY	0.3437%
FLOOD CONTROL DISTRICT	HC FLOOD CONTROL DIST	0.0306%
HOSPITAL DISTRICT	HC HOSPITAL DIST	0.1483%
INDEPENDENT SCHOOL DISTRICT	HOUSTON ISD	1.0372%
PORT OF HOUSTON AUTHORITY	PORT OF HOUSTON AUTHORITY	0.0080%

Specific Tax Rates for this property are unavailable at this time. Tax Rates shown represent rates applicable within Alden Place, individual properties will vary. Certain entities such as MUD, ESD, and School district may vary across a neighborhood and individual properties are generally serviced by only one o

Estimated Mortgage/Tax

minimize

$3,437 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 3,437
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

Calculate View Amortization Table

Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

minimize

2023 Subdivision Facts

Subdivision Name:

Alden Place

County / Zip Code:

77019

Single Family Properties:

Average Bedrooms:

3.07

Average Baths:

3.50

Median Square Ft.:

2,650

Median Lot Square Ft.:

2,500

Median Year Built:

2007

Median Appraised Value:

$591,690

Neighborhood Value Range:

$445 - $894 K

Median Price / Square ft.:

$231.21

View Price Trends for Alden Place

Schools

minimize

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS

Wharton K-8 Dual Language Academy Elementary . PK - 08 . HOUSTON ISD

Excellent | Math Distinction

Gregory-Lincoln Ed Ctr Middle . EE - 08 . HOUSTON ISD

Good |

Lamar High School High . 09 - 12 . HOUSTON ISD

Good |

View Nearby Schools ↓

Property Map

minimize

516 W Gray St, Houston, TX 77019 Directions

Nearby places and schools.

Street View Birds Eye View

Drive Time

516 W Gray St Houston TX 77019 was recently sold. It is a 2,540 SQFT, in Alden Place.