2 months on rocket

516 Colquitt St, Houston, TX, 77006

$619,000

Home List Price

$7,351*

Closing Credit

3 Bedrooms
1 Full Bath
2,604 SqFt
$238/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

516 Colquitt St, Houston$619,000

Buyer Closing Credits

$7,351*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingCarport
Year Built1945
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #11413434
StatusActive

About 516 Colquitt St

Beat interest rates, great investment opportunity to dwell in one unit and generate income from the secondary unit. Nestled vibrant Montrose, this beautifully updated duplex offers a unique opportunity for those seeking the perfect blend of urban living. Enjoy the best of Montrose living with easy access to the neighborhood's renowned restaurants, cafes, boutique shops, and cultural attractions. Explore the art scene and the Museum District just moments away. Relax and entertain in the private spacious backyard, a serene escape within the city. It's the perfect spot for barbecues, gardening, simply unwinding or catering to pets. The upstairs unit has been recently renovated, the downstairs unit is tenant occupied. Unit A is 2 bedroom 1 bath and unit B is a 3 bedroom 1 bath. This property offers income potential, with separate entrances for each unit, this duplex presents an excellent opportunity for rental income, a guest suite, or a office space setup.

Property Details

Property Features

Property Information:

  • Architectural Style: Split-Level
  • Year Built: 1945
  • Stories: 2
  • Living Area: 2,604 SqFt

Listing Office:

  • Office Name: Brombacher & Co.
  • Office Phone: (832) 656-1932
  • Listing Agent: Kendra Oden

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring Type: Wood, Hardwood
  • Interior: Balcony, Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Private Entrance

Parking Information:

  • Parking: Carport

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Lamar High School, Public Magnet Grades 9-12
  • Gregory-Lincoln Education Center (06-08), Public Magnet Grades 6-8
  • MacGregor Elementary School, Public Magnet Grades EE-5

Other

Directions Information:

  • Directions: When traveling 59 north exit Sheppard right on Richmond then a left on Jack and a right on Colquitt - house is on the left with an orange door

Price Information

Listing Price Info

Price Summary:

  • List Price: $619,000
  • Price Per SqFt: $238/SqFt

Tax Information:

  • Annual Amount: $11,217
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Houston, TX.

Med. Sold Price

$314.7K

Med. Price/SqFt

$164

Avg. Days On Market

39

# of Sold Homes

2006

516 Colquitt St vs Houston

81 DAYS ON ROCKET

+42 Days

$619,000

+$304.2K More

$238/SqFt

+$74 More

KEY TAKEAWAY

This property is $304.2K more than the Median Sold Price and $74/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: #11413434

Listing Office:

  • Office Name: Brombacher & Co.
  • Office Phone: (832) 656-1932
  • Listing Agent: Kendra Oden

Broker ReciprocityDisclaimer: 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”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 4/29/2024, 9:20:43 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$11,217$526,970
2020$10,654$467,500
2018$10,005$395,400

History based on county public records data.

Payment Calculator

$3,157

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,922

Powered By

Rocket Mortgage

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.

Elementary School

school-card-donut-3031532
4
/10
  • MacGregor Elementary School

  • 4801 La Branch St

  • 0.61 miles

  • Public Magnet Grades EE-5

Middle School

school-card-donut-3031533
4
/10
  • Gregory-Lincoln Education Center (06-08)

  • 1101 Taft St

  • 1.47 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3031534
5
/10
  • Lamar High School

  • 3325 Westheimer Rd

  • 2.42 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,422. Residents of Houston, TX typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesTexasHarris CountyHouston77006516 Colquitt St

This home is located at 516 Colquitt St in Houston, TX and zip code 77006 in the Central Houston neighborhood. This 2,604 square foot home was built in 1945. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $619,000.

Houston, TX housing market in March 2024 saw over 344 listings sold above listed price, more than 423 sold at listed price and over 1238 sold below. The number of listings in Houston, TX increased by 20.1% between February 2024 and March 2024. The median list price of listings available in March 2024 was $314,779, while the average time on the real estate market was 39 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources