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$1,208,000

NAL Estimated Property Value

4413 Mandell St, Houston, TX, 77006

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,025 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.45 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Dishwasher

Exterior

Lot Size3,380 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN1227650010001
Lot Number1
SubdivisionTerrace On Mandell
Land UseResidential
Legal DescriptionLT 1 BLK 1 TERRACE ON MANDELL
Census Tract410900
Assessed Land Value$208,260
Assessed Improvement Value$784,250
Assessment Year2025

About this property

Steps away from all the most sought after restaurants and night life Houston's Montrose District has to offer, 4413 Mandell is an urban oasis. Nineteen museums, Rice and St Thomas Universities plus the Texas Medical Center only minutes away. First floor living room has 25ft tall ceilings with floor to ceiling glass and a private back yard. The Seller has gone to great lengths to take immaculate care of this property. From upgrading gutters and roof and recent updates to appliances, refinishing hardwood floors plus new carpet throughout third floor this house is move in ready. Outside spaces on every floor. The views from rooftop terrace are unbeatable. A fourth floor wet bar and mini kitchen with a built in gas grill with new gas line and a finished fire escape from fourth floor deck. This house is supreme!

Investor Tools

Property Icon
$1,208,000
Estimated Property Value
$859,900Estimated Mortgage Balance
$348,100Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,248 /month
Positive
Cash Flow Estimate:
$2,416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,543/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,472
$992,510
2025
$208,260
$784,250
$992,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,472
$992,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$932,900
No
First
Mar 25, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$859,900
$338,100
28%
71%
$5,594/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$5,909/mo
$-2,569/mo
3.3%

City: Houston