B+

NoAgentList RatingHow are grades calculated?

4view

Owner Contacts

$400,000

2507 Mandell St, Houston, TX, 77006

Under Contract

2 Beds

2 Bath

1,572 Sq Ft

Condos / Townhouses

$254.45 / sqft

Built in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer, Refrigerator

FlooringBamboo, Tile

Exterior

Lot Size1,250 sqft

Building Information

Year Built1976

Stories2

Garage Spaces2

Land Information

APN0382510000012

SubdivisionCherryhurst

Land UseResidential

Legal DescriptionTR 1B BLK 16 2505 MANDELL T/H CHERRYHURST

Census Tract410402

Assessed Land Value$118,750

Assessed Improvement Value$249,050

Assessment Year2025

About this property

Located in the heart of desirable Cherryhurst, this centrally located Montrose townhouse offers style, security, and convenience with no HOA. Freshly painted interiors and gorgeous bamboo flooring flow throughout the home. The oversized primary suite is a rare retreat featuring vaulted ceilings, a spacious sitting area, built-in bookshelves, walk-in closet, and private deck access. Enjoy peace of mind with steel entry doors, an Amazon package delivery door in the attached two-car garage, and a new HVAC system installed in August 2025*. Nestled among the beautiful oak-lined streets of Cherryhurst, just around the corner from Cherryhurst & Mandell Parks, this home is surrounded by some of Houston’s best dining, shopping, and daily conveniences — including Whole Foods, Trader Joe’s, HEB, River Oaks Shopping Center, Hugo’s, and La Griglia — all within approx one mile. Downtown Houston is less than two miles away, offering an easy commute. The property has never flooded*. *Per seller

Investor Tools

$0Estimated Mortgage Balance

$480,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,880 /month

Positive

Cash Flow Estimate:

$960 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$281/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$966

$367,800

2025

$118,750

$249,050

$367,800

Tax History

Year

Tax Paid

Assessed Value

2024

$966

$367,800

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$480,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

N/A

+$1,960/mo

4.9%

Learn About the Market: Opportunity in Houston

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Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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