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Owner Contacts

$346,000

4004 Montrose Boulevard 31G, Houston, TX, 77006

Off Market

2 Beds

3 Bath

1,668 Sq Ft

Condos / Townhouses

$197.84 / sqft

Built in 1985

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Washer/Dryer

FlooringCarpet, Tile

Building Information

Year Built1985

Garage Spaces2

Land Information

APN1164360000031

SubdivisionCourt At Museums Gate Condo Am

Land UseResidential

Legal DescriptionUNIT 31 BLDG G .02057 INT COMMON LAND & ELE COURT AT MUSEUMS GATE CONDO AM

Census Tract410705

Assessed Land Value$57,380

Assessed Improvement Value$244,620

Assessment Year2025

About this property

Updated condo located in the heart of Houston near the University of St. Thomas is the perfect central location. Find 2 private suites w/large closets & ensuite bathrooms, gorgeous kitchen & open living/dining areas. Features include wood-look tile flooring, neutral paint, recessed lighting & amazing updates to the kitchen & bathrooms. Kitchen offers granite tile counters & backsplash, breakfast bar, wood cabinetry w/modern pulls, sleek SS appliances & an upgraded farmhouse sink. Spacious living/dining area offers a romantic wood-burning fireplace. Alternate living/den on main floor also. Enjoy the rooftop terrace w/picture-perfect views of Houston’s skyline. It’s the perfect setting for both entertaining & enjoying intimate dinners under the stars. Incredible amenities at your doorstep include a lap pool, spa & ample poolside seating. Gated building w/assigned underground parking & storage room. Ideal location w/in walking distance of everything from a public library to parks & more.

Investor Tools

$346,000

Estimated Property Value

$0Estimated Mortgage Balance

$48,827Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,076 /month

Positive

Cash Flow Estimate:

$692 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$671/month

$535/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,319

$302,000

2025

$57,380

$244,620

$302,000

Tax History

Year

Tax Paid

Assessed Value

2024

$6,319

$302,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gold Standard Mortgage

Conventional

$308,750

First

Apr 16, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$297,173

$48,827

14%

86%

$1,852/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$2,387/mo

$-427/mo

6.8%

Learn About the Market: Opportunity in Houston

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Houston

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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