$10,000 Closing Credit¹
#41719296, Amanda Smith, Listing Office: Boulevard Realty
$10,000
closing credit¹
3618 Mount Vernon St Houston, TX 77006
$2,500,000 List price
$10,000
Closing credit¹
0 beds
7,068 sqft
$354 / sqft
Multi-Family
Property details
About 3618 Mount Vernon St
Presenting a versatile commercial property at 3618 Mount Vernon St, Houston, TX 77006, currently leased to a reputable language school. This two-story, 7,457-square-foot building offers a stable income stream with a cap rate of 5.55%. Situated on a 0.28-acre lot in the heart of Montrose, the property features nine classrooms, eight offices, two kitchens, two lounge areas, seven restrooms, an outside stairway and balcony, a garden area, and a private parking lot. The vibrant neighborhood is surrounded by offices, restaurants, housing, schools, and nightlife, making it an attractive investment opportunity.
Highlights
Home typeMulti Family
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size7,068 sqft
Year built1959
MLS #62003298
Summary
- MLS Number: 62003298
- MLS Name: HAR
- Office Name: Compass RE Texas, LLC - Memorial
- Office Phone: (832) 899-4788
- Office Email: txbroker@compass.com
- Listing Agent: Andrea Curran
Disclaimer: 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”.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 2/1/2025, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,500,000
3618 Mount Vernon St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,896,558 | $36,712 |
| 2023 | $1,822,114 | $33,621 |
| 2022 | $1,623,855 | $34,690 |
| 2021 | $1,414,179 | $33,621 |
| 2020 | $1,451,782 | $30,560 |
| 2018 | $1,179,621 | $29,849 |
History based on county public records data.
Nearby schools
8
Arabic Immersion Magnet School
Public Magnet PK-5
0.4 mi
•4001 Stanford St
7
MacGregor Elementary School
Public Magnet EE-5
1.1 mi
•4801 La Branch St
5
Poe Elementary School
Public Magnet EE-5
1.2 mi
•5100 Hazard St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,030. Residents of Houston, TX typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
20%
<35k
58%
35k-100k
17%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
80%
Single, No Kids
3%
Single, with Kids
13%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
1%
12-17 yrs old
38%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Live Theatre- Tennis
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
The Cheesecake Factory
Boston Market
Starbucks
What do the neighbors drive?
Volvo
Mercedes
BMW
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 3618 Mount Vernon St in Houston, TX and zip code 77006 in the Central Houston neighborhood. This 7,068 square foot home was built in 1959. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $2,500,000.
While more than 225 listings in Houston, TX in December 2024 were sold above asking price, there were more than 343 listings sold at asking price, and more than 1173 were sold below. Between November and December 2024, Houston, TX real estate market has seen increase in the number of listings by 6.1%. In December 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $320,179.
From Rocket Homes Real Estate and based on county public records data.