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2703 Mason St
Houston, TX 77006
2703 Mason · Multifamily Property For Sale
·
16 Units
Investment Highlights
- Luxury Living in the Heart of Montrose with Excellent Walkability!
- New Pool, Hot Tub and Doggy Park!
Executive Summary
Beautifully remodeled 16-unit boutique apartment building in the highly walkable Montrose/Museum District, located just 2 blocks from Westheimer and minutes from Downtown Houston. Recently updated with a quarter-million dollar heated dipping pool & spa open year-round, this community blends modern lifestyle with excellent tenant appeal. In 2024, 7 of 16 units were fully renovated with upgraded electrical, plumbing, new flooring, contemporary fixtures, and appliances in most units. Building upgrades include a new roof and fresh exterior paint. Additional amenities include on-site parking and a private dog park. Built in 1955, situated on a corner lot, this unrestricted property offers strong value-add potential with many units currently below market rents. Excellent proximity to dining, nightlife, entertainment, and major employment centers.
Property Facts
| Price Per Unit | $174,375 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Sale Condition | 1031 Exchange | Building Size | 9,640 SF |
| No. Units | 16 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1955/2024 |
| Apartment Style | Low-Rise | Parking Ratio | 1.66/1,000 SF |
| Zoning | B1 - Real, Residential, Multi-Family | ||
| Price Per Unit | $174,375 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 9,640 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1955/2024 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | B1 - Real, Residential, Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
Site Amenities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 7 | - | - |
| 3+1 | 1 | - | - |
Property Taxes
| Parcel Number | 0041360000009 | Improvements Assessment | $483,600 |
| Land Assessment | $1,016,400 | Total Assessment | $1,500,000 |
Property Taxes
Parcel Number
0041360000009
Land Assessment
$1,016,400
Improvements Assessment
$483,600
Total Assessment
$1,500,000
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