32Days on Market

1view

$210,000

$219,000

4513 Normandy Way, Houston, TX, 77021

On Market

Price Drop

2 Beds

1 Bath

1,158 Sq Ft

Single Family Residence

$181.35 / sqft

Built in 1940

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher

Exterior

Lot Size7,976 sqft

Building Information

Year Built1940

Stories1

Garage Spaces1

Land Information

APN0691050030024

Lot Number24

SubdivisionSouthern Village

Land UseResidential

Legal DescriptionLT 24 BLK 3 SOUTHERN VILLAGE SEC 1

Census Tract313400

Assessed Land Value$110,296

Assessed Improvement Value$32,932

Assessment Year2025

About this property

Completely reimagined from top to bottom, this stunning 2BR/1BA cottage sits on an oversized 7,976 SF lot just minutes from Loop 610S, UH Central Campus & the Medical Center! Originally built in 1940, this 1,158 SF home has undergone a full renovation including new foundation, roof, siding, Low-E windows, flooring, lighting, plumbing fixtures & more. Gorgeous kitchen features quartz countertops, soft-close shaker cabinets, gold hardware, subway tile, under-cabinet lighting & stainless appliances including side-by-side fridge, gas range, microwave & dishwasher. Luxurious custom-tiled shower with frameless sliding glass enclosure. Sliding glass doors open to a brand-new wood deck overlooking the huge fenced backyard. Includes 1-car garage, carport & storage shed. Move-in ready with designer touches throughout!

Investor Tools

$0Estimated Mortgage Balance

$227,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,362 /month

Positive

Cash Flow Estimate:

$454 /month

Interested in this property?

Bryan Craft

Craft Texas Properties

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$355/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,130

$143,228

2025

$110,296

$32,932

$143,228

Yes (2023)

Tax History

Year

Tax Paid

Assessed Value

2024

$3,130

$143,228

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$227,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

N/A

+$1,307/mo

6.9%

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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