1204 W Gray St, Houston, TX, 77019
About This Home
Rare dual-zoned (commercial + residential) bungalow on a 5,000 SF lot in the heart of River Oaks/Montrose. This 1,416 SF property features an existing commercial kitchen with major appliances included, a private outdoor patio, and on-site parking — a true rarity in this walkable corridor. Perfect for a boutique food or catering business: think custom cake studio, small-batch bakery, or caterer ready to move in and start operating. Prefer to reimagine the space? Dual zoning opens the door to live/work, retail, creative office, or redevelopment. Walkable to Washington Ave, Montrose, and Midtown's best dining and shopping, with easy access to Downtown. A rare foothold in one of Houston's most sought-after corridors — ready to become whatever you envision.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1946
Materials
- Foundation: Pillar/Post/Pier,Slab
- Roof: Composition,Other
- Construction materials: Other,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Bedroom
- Level: First
- Area: 156
- Dimensions: 12 x 13
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: First
- Area: 192
- Dimensions: 12 x 16
Features
- All Bedrooms Down
Heating & Cooling
- Heating features: Electric
- Cooling features: Gas
Interior Area
- Total structure area: 1,416
- Total interior livable area: 1,416 sqft
Primary Bedroom
- Level: First
- Area: 110
- Dimensions: 10 x 11
Property
Details
- Parcel number: 0523680000006
Features
- Stories: 1
Lot
- Lot size: 5,000 sqft
- Features: Other,0 Up To 1/4 Acre
Parking
- Parking features: No Garage,Additional Parking,Extra Driveway
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Tornado
- Cold Wave
- Hurricane
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,413 | $40,956 |
| Home Insurance * | $456 | $5,472 |
| Property Taxes | $1,174 | $14,088 |
| Electricity | $238 | $2,859 |
| Total | $5,281 | $63,372 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-02 | Price change | $675,000 |
| 2026-07-13 | Listed for sale | $679,000 |
| 2005-09-30 | Sold | -- |
| 2005-04-27 | Sold | -- |
For Sale by Agent
View on Zillow