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    A Montrose jewel box

    Charming Montrose townhouse with 2-story atrium hits the market

    Holly Beretto
    Nov 22, 2024 | 12:30 pm

    Montrose has long been Houston’s neighborhood for the eclectic, a place where cute bungalows, mom-and-pop shops, and trendy bars and restaurants sit side-by-side. The neighborhood is a microcosm of the city itself: diverse, developing, beloved.

    And even as the neighborhood has steadily gentrified, echoes of its past remain. One of those is now for sale. 1507 Harold Street, a remodeled jewel box of a space, is on the market for $950,000 and represented by Tracey Smith of Martha Turner Sotheby’s International Realty.

    The 1950s townhome has fabulous natural light, balconies, a courtyard filled with native plants, and a funky charm that evokes the neighborhood’s past and present.

    Painted tile floors and long hallways with splendid light set the tone for this home. They give way to an open, airy arrangement, showing off 1507 Harold’s nearly 3,000 square feet. The three-bedroom, two-bath home is immediately centered in its neighborhood, but also a retreat from the bustling city around it.

    If the devil is in the details, 1507 Harold has plenty of them. Think painted clay tiles on the first floor and solid red oak hardwood on the second floor. Add to that custom Pedini Italian kitchen cabinets, Neolith countertops, and a Quemere custom backsplash in the kitchen. See also the epoxied garage floor with glass garage door.

    Floor-to-ceiling windows not only let in the natural light, they give 1507 Harold the feeling of being surrounded by nature. That feeling is enhanced by the home's two, second-floor balconies. One of them, off the primary bedroom, overlooks the cloistered courtyard filled with native plants, park bench, and natural seating. The other faces the neighborhood. A two-story atrium provides space for meditation, contemplation, and casual gathering.

    The dining room has a dry bar that’s perfect for storage and an Aobosi dual-temperature wine refrigerator. The primary bedroom has built-in bookcases and drawers, and an ensuite bath with soaking tub and shower. Sliding doors lead to the balcony.

    The garden’s irrigation system waters plants daily, keeping this green space well-tended.South Texas cactus and olive trees welcome homeowners and visitors at the front entrance.

    The home's welcoming vibe has to be seen to be believed. It’s rarely been on the market, and the odds are high that its next owners will keep it for a very long time. It’s just that kind of place.

    Primary bath of 1507 Harold Street

    Photo by Sonya Sofrankpo for Sotheby’s International Realty

    The primary bath has a soaking tub and separate shower.

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    REAL ESTATE NEWS

    More Houston homeowners are becoming 'accidental landlords,' study finds

    Brandon Watson
    Mar 18, 2026 | 10:30 am
    For Lease Real Estate Sign Hangs in Front Yard of House
    Getty Images
    An increasing number of San Antonio homeowners are bcoming "accidental landlords"

    Houston homeowners unable to sell their properties are increasingly becoming “accidental landlords,” according to Zillow. The real estate marketplace’s newest analysis says that 4.2 percent of its local for-sale listings recently converted to rentals, making the Bayou City the second-worst U.S. city for the market trend.

    Only Denver (4.9 percent) ranks higher, with Austin (4.1 percent) and San Antonio (3.9 percent) not far behind. Seven of the top 10 metros are in Texas or Florida.

    Zillow senior economist Kara Ng says today's dynamic is driven by choice rather than panic. Homeowners aren't being forced to sell; they're simply unwilling to accept what the market will actually pay.

    "As the market continues to rebalance, sellers are facing a different reality than they did a few years ago," Ng said in a statement. "Bargaining power is tilting toward buyers, and homes are taking longer to sell, making renting out a property one way to buy time rather than compete aggressively on price. After all, today's sellers are rarely forced to sell, and it appears they are often unwilling to budge off of what their heart says their home is worth."

    Nationally, the trend is nearing a record high. 2.3 percent of all Zillow rental listings were recently for-sale properties, second only to November 2022, when mortgage rates had doubled in a single year, and sellers were scrambling. That spike was shock-driven, but now stubbornness is likely fueling the shift.

    Single-family homes make up the largest share of accidental landlord properties, but condos are seeing the fastest rise. Metros with the hottest buyer competition, including Boston, New York City, and Providence, Rhode Island, have the lowest accidental landlord rates.

    For both local buyers and sellers, Goldilocks thinking is increasingly the norm. Sellers, especially those who bought during the COVID-19 boom, are holding their asking price firm to avoid taking a loss. Buyers, for their part, are refusing to compromise on concessions and repairs.

    Meanwhile, the city's rental market keeps getting larger. In 2025, rental listings website Point2Homes placed the Houston area among the top 10 U.S. metros building the most new homes for rent.

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