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Owner Contacts

$477,000

NAL Estimated Property Value

4602 Chartres St, Houston, TX, 77004

Off Market

3 Beds

4 Bath

2,653 Sq Ft

Condos / Townhouses

$150.4 / sqft

Built in 2017

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Refrigerator, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Lot Size1,690 sqft

Building Information

Year Built2017

Garage Spaces2

Land Information

APN0521480050001

Lot Number1

SubdivisionAlmeda Place 4th Par R/P Amend

Land UseResidential

Legal DescriptionLT 1 BLK 1 ALMEDA PLACE 4TH PAR R/P AMEND

Census Tract312603

Assessed Land Value$135,040

Assessed Improvement Value$337,970

Assessment Year2025

About this property

FANTASTIC PRICE POINT! Exceptional location, exceptional quality and ready for move-in! Must see to appreciate, this custom gated townhome by CABE Builders, is located in the highly sought after Museum District. Enjoying close proximity to Houston's world renowned Medical Center, Downtown and top rated restaurants. One of 8 townhomes, this beauty offers expansive views of Downtown and Hermann Park/Medical Center. Energy efficient, three stories have been meticulously designed showcasing beautiful wide plank bamboo flooring and generously appointed premium Carrara Italian marble counter tops. The fourth floor has both a bonus room and roof top terrace, complete with gas hook up perfect for outdoor entertaining. Property has never flooded.

Investor Tools

$477,000

Estimated Property Value

$343,506Estimated Mortgage Balance

$133,494Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,862 /month

Positive

Cash Flow Estimate:

$954 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$801/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,227

$473,010

2025

$135,040

$337,970

$473,010

Tax History

Year

Tax Paid

Assessed Value

2024

$7,227

$473,010

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Navy Fcu

Conventional

$379,050

First

Jun 14, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$343,506

$129,504

27%

72%

$2,273/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,273/mo

$-551/mo

4.3%

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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