1view

$858,000

4521 San Felipe St Unit 1303, Houston, TX, 77027

Off Market

2 Beds

2 Bath

1,464 Sq Ft

Condos / Townhouses

$478.14 / sqft

Built in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Electric Oven, Trash Compactor, Microwave, Electric Cooktop, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Instant Hot Water, Washer/Dryer, Oven

FlooringLaminate, Stone, Tile, Wood

Exterior

Exterior FeaturesPlayground, Storage, Outdoor Kitchen, Dog Run, Balcony

Building Information

Year Built2018

Land Information

APN1404400040003

Land UseResidential

Legal DescriptionUNIT 1303 .0064 INT COMMON LAND & ELE ARABELLA CONDO 8TH AMEND

Census Tract411302

Assessed Land Value$122,588

Assessed Improvement Value$522,610

Assessment Year2025

About this property

Location Location Location! Welcome to The Arabella, a premier 33-story high-rise offering a seamless blend of luxury, security, and pet-friendly amenities in the heart of Houston. Conveniently located just steps away from the prestigious River Oaks District, this residence puts you within walking distance of upscale shopping, dining, and entertainment, while providing a secure and tranquil retreat to call home.This stunning unit boasts downtown views from 2 private balconies. Floor-to-ceiling windows fill the space with natural light, enhanced by automated shades. The kitchen features Gaggenau appliances, Eggersmann soft-close cabinetry, and quartz countertops, while the spa-like primary suite offers a frameless glass shower, soaking tub, double vanities, and walk-in closet.Luxury amenities include a dog salon, concierge, valet, indoor and outdoor pools, fitness center, spa facilities, outdoor kitchen, lounges, fire pit, and a guest suite. Perfect for upscale living and entertaining.

Investor Tools

$858,000

Estimated Property Value

$450,000Estimated Mortgage Balance

$417,276Estimated Equity

48% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,148 /month

Positive

Cash Flow Estimate:

$1,716 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,495/month

$1,424/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,645

$645,198

2025

$122,588

$522,610

$645,198

Tax History

Year

Tax Paid

Assessed Value

2024

$13,645

$645,198

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Service Cu

Conventional

$450,000

First

Mar 28, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$440,724

$357,276

44%

51%

$2,698/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$4,122/mo

$-2,162/mo

2.7%

Learn About the Market: Opportunity in Houston

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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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