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227 W Gray St, Houston, TX, 77019

2beds
2baths
1,867sqft
$370,000
$198price/sqft
$2,783/moest. monthly cost
$111,320/yrincome needed

About This Home

Live in your dream location, perfectly situated in the heart of the Montrose District and minutes from Downtown and Midtown. This spacious two-bedroom townhome features an open concept kitchen overlooking the living room, high ceilings, and natural lighting. Downstairs makes an excellent guest bedroom, studio, or rental opportunity with the help of a built-in Murphy Bed. Steps from Buffalo Bayou Park, dining, and nightlife, with the charm of a walkable, vibrant neighborhood of the Montrose-Midtown corridor.

Getting Around

84
WalkingVery Walkable
70
TransitExcellent Transit
64
BikeBikeable

Schools

6/10
Gregory-Lincoln Ed CenterGrades PK-80.3 mi
7/10
Heights High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Slab
  • Roof: Other
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Contemporary
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Disposal,Refrigerator,Microwave,Dishwasher
  • Laundry features: Inside

Bedroom

  • Level: First
  • Area: 132
  • Dimensions: 12x11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Balcony,High Ceilings,Prewired for Alarm System,1 Bedroom Down - Not Primary BR,Primary Bed - 3rd Floor,Walk-In Closet(s)
  • Flooring: Bamboo,Carpet,Concrete,Wood

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,867
  • Total interior livable area: 1,867 sqft

Living Room

  • Level: Second
  • Area: 342
  • Dimensions: 19x18

Other

  • Level: First
  • Area: 36
  • Dimensions: 6x6

Other

  • Level: Second
  • Area: 42
  • Dimensions: 7x6

Primary Bedroom

  • Level: Third
  • Area: 169
  • Dimensions: 13x13

Property

Details

  • Parcel number: 1219380010002

Features

  • Levels: Split Level,Levels 1, 2 and 3
  • Stories: 3
  • Has view: Yes
  • View description: South

Lot

  • Lot size: 1,738 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tornado
Cold Wave
Hurricane
Inland Flooding
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

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

MonthlyAnnual
Mortgage $1,870$22,440
Home Insurance *$250$3,000
Property Taxes $425$5,100
Electricity $238$2,859
Total$2,783$33,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,417/yr
40% on housing$83,490/yr
45% on housing$74,213/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 77019$438
Harris County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 77019$336
Harris County$154

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

DateEventPrice
2026-08-04Price change$370,000
2026-05-28Listed for sale$374,000
2026-05-20Listing removed$374,500
2026-03-20Price change$374,500
2026-02-14Listed for sale$374,900
2014-10-13Sold--
2014-09-29Listed for sale$347,500
2014-09-16Pending sale$347,500
2014-09-13Listed for sale$347,500
2012-04-19Listing removed$231,900
2012-02-04Listed for sale$231,900

For Sale by Agent

AgentAdalia Espinosa
BrokerageST&A Realtors

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