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2014 Commonwealth Street

Houston, TX 77006
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Acres0.55

Acre(Lot)

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!

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Detail Ic Property Details

Property Type : Land

Price : $2,899,990

AD Id : 77628606

MLS Id : 98596488

Lot Size : 0.55 Acre(Lot)

County : Harris

Subdivision: Hyde Park

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Feature Features

  • Lot Information

    Lot Dimensions: 200 x 135 x 140 x 88 Main Square Feet: 0.55 Acres Lot Size Acres: 0.55 Lot Size Square Feet: 23958 Lot Description: Corner Lot

    Property Information

    Subdivision: Hyde Park Source Property Type: Land Postal Code Plus 4: 1804

  • Listing Price Information

    Listing Price: $2899990 Cash, Conventional

  • Tax Information

    Parcel Number: 0180250000006 Tax Year: 2025 Tax Legal Desc: TRS 6 & 7A BLK 25 HYDE PARK

  • School Information

    Elementary School: Baker Montessori School
    Junior High School: Lanier Middle School
    Senior High School: Lamar High School (Houston)
  • Utility Information

    Natural Gas Available, Cable Available, Electricity Available, Phone Available
  • Location Information

    Direction: Commonwealth Street between Welch St and Indiana Street. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1304 & 1306 Peden Street, Houston, TX, 77006 $555,000 -- -- -- 0.08 Acre(Lot)
1615 W Main Street, Houston, TX, 77006 $625,000 -- -- -- 0.14 Acre(Lot)
1648 Richmond Avenue, Houston, TX, 77006 $1,230,000 -- -- -- 0.25 Acre(Lot)
2308 Dunlavy Street, Houston, TX, 77006 $700,000 -- -- -- 0.11 Acre(Lot)

Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

ByOwner last updated this listing 06/09/2026 @ 06:09

MLS: 98596488 LISTED BY: Zain Momin, Atlas Real Estate 346-418-8229 SOURCE: Houston Association of REALTORS

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