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$1,748,000

NAL Estimated Property Value

4921 Mandell St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,506 Sq Ft
price_per_sqft$298.88 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer, Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,901 sqft

Building Information

Year Built1970
Stories2
Garage Spaces2

Land Information

APN0441830000074
Land UseResidential
Legal DescriptionTR 23B ABST 696 O SMITH
Census Tract411901
Assessed Land Value$297,225
Assessed Improvement Value$390,696
Assessment Year2025

About this property

Location, Location, Location! Elegant townhome in the heart of the Rice/Museum District & steps away from North & South Blvd! 1 of 4 townhomes situated in Boulevard Oaks that rarely come on the market! This well appointed home boasts Charleston bricked entrance w/atrium and walls of windows bringing the outside in, updated kitchen w/granite counter tops, subway tile back splash, farm house sink, and SS appliances! Open concept living/dining w/high ceilings, engineered hardwoods, lg fireplace and 2 walls of brick, bar w/wine fridge, + powder bath down. Upstairs: huge primary bdrm w/10 foot ceiling, en suite bath w/dual sinks, granite counters, shower w/glass doors,+ walk in closet! Secondary bedrooms up, one being used as a study and the other with walk in closet, shared bathroom w/granite & tub/shower, + w/d up. Beautifully manicured brick courtyard! Huge attic with plenty of storage. Could be converted to room addition. 2 car attached garage w/more storage! A treasure to behold!

Investor Tools

Property Icon
$1,748,000
Estimated Property Value
$329,388Estimated Mortgage Balance
$1,418,612Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,488 /month
Positive
Cash Flow Estimate:
$3,496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,396/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,007
$687,921
2025
$297,225
$390,696
$687,921
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,007
$687,921

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$370,000
No
First
Sep 18, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,388
$1,288,612
79%
19%
$2,219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,219/mo
+$361/mo
1.8%

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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4921 Mandell St | Property Details | No Agent List