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    Historic Mansion On Sale

    Historic Montrose mansion goes on sale for $3.5 million: Old world charm included

    Barbara Kuntz
    Barbara Kuntz
    Nov 29, 2013 | 8:32 am

    Editor's Note: Houston is loaded with must-have houses for sale in all shapes, sizes and price ranges. In this continuing series, CultureMap snoops through some of the best and gives you the lowdown on what's hot on the market.

    A piece of Houston's history just went up for sale: The Waldo Mansion in Montrose.

    201 Westmoreland

    Confederate veteran J.P. Waldo and wife Mary Virginia Gentry, daughter of railroad promoter Abram Gentry, first built this magnificent house in 1885 at the corner of Rusk and Caroline. In 1905, Waldo's son Wilmer moved the residence to its current location, 201 Westmoreland, where it now nestles on a 25,000-square-foot corner lot among mature trees, lush lawn and landscaping and decorative iron-fenced privacy. Period detail and elegance is found everywhere inside the 6,598-square-foot residence.

    Walk Through

    Past the charming wrap-around veranda, enter through stained-glass interior doors protected by an exterior and insulating double-door vestibule to a stately ambiance reaching from original wood floors all the way to the top of the 15-foot-high ceilings. In fact, you'll find authentic wood elements from the flooring to wall panels and door and window frames throughout, all in immaculate condition.

    To the right, a study awaits the gentleman — and gentlewoman — of the house, while to the left, a living room with working jet-gas fireplace awaits. Step into the dining room, where a vintage chandelier casts its warm glow over the large room. A modern kitchen is close at hand, with plenty of room for catering parties. Downstairs is roomy wine storage for those favorite beverages.

    Upstairs via either of two elegant, curving staircases, new carpet covers the floors, and 14-foot ceilings house the three bedrooms. The master bedroom includes a sitting area and luxurious bath with marble columns on either side of a center bathtub that sits directly in front of a fireplace with mantel. In total, the house features 10 gas fireplaces, with one mock in the entry hall. A lofted-ceiling cubby on the third floor is now designated as a media room.

    Step Outside

    The private courtyard is a place to relax to the sounds of a fountain with goldfish pond guarded by towering palm trees. A detached 1600-square-foot guest house has two to three bedrooms and two baths. Additional bonus: A three-car garage with a large gated motor court sit to the side of the mansion.

    Square footage: 6,598

    Asking price: $3.5 million

    Listing agent: Richard Ray, John Daugherty, Realtors

    Welcome to the Waldo Mansion in Montrose, built in 1885.

    2 On the Market 201 Westmoreland November 2013
    Photo courtesy of © TK Images
    Welcome to the Waldo Mansion in Montrose, built in 1885.
    unspecified
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    rent report

    Here's how much Houston rent prices have dropped since last year

    Amber Heckler
    Jun 2, 2026 | 9:15 am
    Houston skyscrapers
    Photo by Datingscout on Unsplash
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    Rent prices are falling statewide, and Houston's have declined more than nearly all other major cities in Texas, according to a new national rent report from Zumper. Houston also has the fourth-cheapest rents in Texas.

    The Zumper National Rent Report tracked year-over-year and month-over-month rent price changes in 100 U.S. cities for both one- and two-bedroom units using the most recent data available from May 2026.

    Rent prices for one-bedroom units in Houston have dipped 9.6 percent year-over-year, to $1,130, which is the second-steepest decline in Texas. Two-bedroom rents have dropped nearly 5 percent from last year to $1,430.

    The report also revealed that four of the 10 U.S. metros offering the most concessions are located in Texas. Austin leads nationally with more than a third of rental units "dangling incentives to fill space," followed by San Antonio and Houston. A separate rent report from real estate data firm CoStar found Houston had the fourth highest apartment vacancy rate in the U.S. in March, meaning residents may be able to save on their rent depending on the financial incentives offered by landlords.

    Additionally, these same markets offering generous rent concessions are also among the 10 U.S. metros with the largest population growth, which Zumper says signals ongoing tension between tenants and their landlords regarding prices.

    "So while Texas absorbed a significant share of the 2023-2025 supply wave, inventory still has to lease up before landlords regain pricing power, and the steady inflow of new residents says the demand is there," the report stated. "It’s just a question of when supply stops outrunning it."

    From 2023 to 2024, Texas gained nearly 73,000 net new renters, making it the No. 1 magnet for renters nationwide.

    Rent prices elsewhere in Texas
    San Antonio saw the steepest drop in rent prices statewide, with one-bedroom rents falling by 10.4 percent to $950. Two-bedroom units have declined 6 percent year-over-year to $1,250.

    Arlington was the only major Texas city where rent prices increased from May 2025 to May 2026. One-bedroom rent increased nearly 3 percent to $1,090, and two-bedroom rent increased 2.1 percent to $1,480.

    Zumper annual rent changes in Texas cities Zumper

    These are the rent prices for other Texas cities in May 2026:

    • Austin: $1,420 for one-bedroom units; $1,860 for two-bedroom units
    • Dallas: $1,350 for one bedroom; $1,900 for two bedrooms
    • El Paso: $810 for one bedroom; $1,130 for two bedrooms
    • Fort Worth: $1,240 for one bedroom; $1,560 for two bedrooms
    • Irving: $1,280 for one bedroom; $1,610 for two bedrooms
    • Plano: $1,360 for one bedroom; $1,900 for two bedrooms
    rentrent reportzumperapartmentsreal estatehouston
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