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$2,500,000

4230 Riley St, Houston, TX, 77005

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths3,993 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$626.1 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Refrigerator Included, Wine Refrigerator, Convection Oven, Double Oven, Gas Oven, Microwave, Free-Standing Range, Dishwasher
FlooringEngineered Wood, Tile, Wood

Exterior

Exterior FeaturesBack Green Space, Outdoor Kitchen, Sprinkler System
Lot Size6,251 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN0600350040006
Lot Number6
SubdivisionColonial Terrace
Land UseResidential
Legal DescriptionLT 6 BLK 4 COLONIAL TERRACE
Census Tract412600
Assessed Land Value$784,688
Assessed Improvement Value$65,937
Assessment Year2025

About this property

A striking West University Place NEW CONSTRUCTION by Covington Builders with modern elegance and sophistication. Set on a 6,250 SF lot, the home features high ceilings and abundant natural light. The gathering kitchen is made for entertaining, with a waterfall island, plaster hood, generous counter and cabinet space, and Sub-Zero/Wolf appliances. Stylish wet bar with seating, beverage fridge, and storage. The expansive family room opens through French doors to the resort-inspired backyard with covered patio and summer kitchen, a seamless transition from sophisticated interiors to outdoor leisure and the heart of the home. Wide-plank 12" hardwood floors and Visual Comfort lighting throughout. Upstairs offers 4 ensuite bedrooms and an expansive game room. Serene primary retreat with a spa-inspired bath and quartzite counters. Mudroom, dedicated home office, and smart home automation. Just 2 blocks to the West University Recreation Center, pool, Whole Foods, and cafes. Truly gorgeous!

Investor Tools

$1,441,391Estimated Mortgage Balance
$1,006,609Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,000 /month
Positive
Cash Flow Estimate:
$5,000 /month

Interested in this property?

Kasteena Parikh

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,230/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,521
$850,625
2025
$784,688
$65,937
$850,625
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,521
$850,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of Houston
Commercial
$1,465,000
No
First
Nov 20, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,441,391
$1,006,609
41%
59%
$8,784/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$8,784/mo
$-6,824/mo
1.0%

City: Houston

4230 Riley St | Property Details | No Agent List