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$1,849,000

NAL Estimated Property Value

4114 Rice Blvd, Houston, TX, 77005

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,055 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$392.47 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringStone, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,787 sqft

Building Information

Year Built1987
Stories2
Garage Spaces2

Land Information

APN0600360210010
SubdivisionColonial Terrace
Land UseResidential
Legal DescriptionTRS 10 & 11A BLK 21 COLONIAL TERRACE SEC C
Census Tract412600
Assessed Land Value$913,338
Assessed Improvement Value$619,907
Assessment Year2025

About this property

Wonderful West U home sitting on a large 6,785 SF lot on a sought-after block near Colonial Park! This 5 bedroom home offers interior brick accent walls, beamed ceilings, gorgeous hardwood floors, formal dining and living plus a family room with breakfast area! The first floor offers a very nice entry complete with brick accents, a chandelier, and wall sconces. The large cook's kitchen has a fabulous breakfast bar and is open to the formal dining and living room and the family room and breakfast area. Both the formal living and the family room have fireplaces! The second floor offers a huge Primary bedroom suite with a separate sitting area in front of a third fireplace, plus more space for an office or workout area in the bedroom! Along with the Primary suite, there are 4 secondary bedrooms and/or 3 secondary bedrooms and a study! Lovely outdoor space with covered patio, artificial turf, and large pool, this is where the kids will be all summer! *All Info Per Seller.

Investor Tools

Property Icon
$1,849,000
Estimated Property Value
$816,514Estimated Mortgage Balance
$1,032,486Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,094 /month
Positive
Cash Flow Estimate:
$3,698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,516/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,948
$1,533,245
2025
$913,338
$619,907
$1,533,245
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,948
$1,533,245

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$904,508
No
First
Apr 15, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$816,514
$1,035,486
55%
44%
$5,423/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$5,423/mo
$-2,083/mo
2.2%

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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4114 Rice Blvd | Property Details | No Agent List