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$1,502,000

NAL Estimated Property Value

4923 Mandell St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,520 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$309.13 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Marble, Tile, Wood

Exterior

Exterior FeaturesBalcony, Courtyard
Lot Size2,901 sqft

Building Information

Year Built1970
Stories2
Garage Spaces2

Land Information

APN0441830000070
Land UseResidential
Legal DescriptionTR 22 ABST 696 O SMITH
Census Tract411901
Assessed Land Value$297,225
Assessed Improvement Value$492,282
Assessment Year2025

About this property

Location, Location, Location! Boulevard Oaks townhome in the heart of Rice/Museum District & steps away from North/South Blvd! 1 of 4 townhomes that rarely come on the market! This elegant home w/private courtyard leads to 2 story entry. Living areas boast 10 ft ceilings + hrdwd floors, graceful living room w/gas fireplace & wet bar, classic dining room w/wall of windows, island kitchen w/gas cooktop, double oven, + subway backsplash. Downstairs study w/wall of built ins, windows overlooking courtyard, & powder bath. Exclusive primary bedroom upstairs w/access to front covered porch, room for sitting area, extra storage, ensuite bath w/more closets, dual sinks, large shower, + coffee bar with fridge! 2 bedrooms w/shared bath, access to back porch, both w/spacious closets! Sizable utility room w/bonus space. Bricked back patio w/room to garden. Attached 2 car garage w/storage. Bike to Rice University, Downtown, The Village, Medical Center, & Hermann Park! A true lock & leave gem!

Investor Tools

Property Icon
$1,502,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,502,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,012 /month
Positive
Cash Flow Estimate:
$3,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,657/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,370
$789,507
2025
$297,225
$492,282
$789,507
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,370
$789,507

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,662,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
2.1%

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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4923 Mandell St | Property Details | No Agent List