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$1,200,000

NAL Estimated Property Value

534 Chelsea St, Bellaire, TX, 77401

Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths4,394 Sq Ft
price_per_sqft$261.72 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,684 sqft

Building Information

Year Built1994
Garage Spaces3

Land Information

APN0730090020020
Lot Number20
SubdivisionBellaire Place
Land UseResidential
Legal DescriptionLT 20 BLK 2 BELLAIRE PLACE
Census Tract420900
Assessed Land Value$494,856
Assessed Improvement Value$620,511
Assessment Year2025

About this property

Step into timeless elegance at this stately 3-story home nestled in the heart of Bellaire. This traditional-style residence combines architectural sophistication with comfortable living. From the moment you enter, you’re greeted by a stunning curved staircase, rich hardwood flooring & light-filled formal spaces. The main floor features a grand dining room, perfect for entertaining, a formal living room & a dedicated home office. The gourmet kitchen is designed for both beauty & function with granite countertops, center island cooktop, double ovens & a walk-in pantry. Upstairs, you’ll find 4 spacious bedrooms including a luxurious primary suite with a large sitting area, dual walk-in closets and a spa-inspired bath complete with soaking tub and separate shower. Each secondary bedroom features an en-suite bath for ultimate privacy. A rare bonus, the detached garage apartment/guest suite on the 2nd level offers flexible space for guests, multigenerational living or a private home studio.

Investor Tools

Property Icon
$1,200,000
Estimated Property Value
$927,647Estimated Mortgage Balance
$272,353Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,722
$1,115,367
2025
$494,856
$620,511
$1,115,367
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,722
$1,115,367

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$940,000
No
First
Aug 8, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$927,647
$238,353
20%
77%
$5,636/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$5,636/mo
$-2,296/mo
3.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bellaire

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534 Chelsea St | Property Details | No Agent List