4641 Montrose Blvd Ste 325 Ste325, Houston, TX 77006 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2019Total Assessed Value $80,978,270County Harris

Property Details

The Apartments property 4641 Montrose Blvd Ste 325 Ste325, Houston, TX 77006 is located in Harris County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $80,978,270.

The gross building area is 316,101 square feet and the land area is 92,304 square feet for this Apartment High Rise (5+ stories) built in 2019.

Legal description: Res A Blk 1 Chelsea Market

$80,978,270

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,378

Avg Rent

Property Image of 4641 Montrose Blvd Ste 325 Ste325, Houston, TX 77006, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area316,101

Land Size92,304

Land Value$9,691,920

Improved Value$71,286,350

Total Assessed Value$80,978,270

Year Built2019

County NameHarris

Account Number1320590010001

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

FireplaceFireplace - Gas,Fireplace - Wood Burning

Parking Space722

HeatingForced air unit

PoolSwimming Pools,Hot Tub/Spa/Jacuzzi

Type ConstructionMetal

No of Stories1

Garage TypeParking Garage

Bathrooms24

PatioAvailable

Wood DeckAvailable

Storage RoomAvailable

Access Gates1

Business Center1

Valet Trash1

Walk-in Closets1

Emergency Maintenance1

Electric Meter1

Trash Pickup1

Granite Countertops1

Steel Appliances1

Number of Units325

Elevator

Exterior WallsGlass

Sales History

8/12/2025

Other$518,946,050

Buyer

Chelsea Armando Llc

Seller

4641 Montrose Houston Llc

Book Number

2025.333205

Recording Date

8/12/2025

Transaction Details

Chelsea Armando Llc acquired the property from 4641 Montrose Houston Llc through a Other transaction on 8/12/2025 for $518,946,050.

9/8/2022

Arms-lengthNot Disclosed

Buyer

4641 Montrose Houston Llc

Seller

Crpar Museum District Owner L P

Book Number

2022.455291

Recording Date

9/8/2022

Transaction Details

4641 Montrose Houston Llc acquired the property from Crpar Museum District Owner L P through a Arms-length transaction on 9/8/2022 for .

8/30/2022

Arms-lengthNot Disclosed

Buyer

4641 Montrose Houston Llc

Seller

Crpar Museum District Owner Lp

Book Number

2022.455296

Recording Date

8/30/2022

Transaction Details

4641 Montrose Houston Llc acquired the property from Crpar Museum District Owner Lp through a Arms-length transaction on 8/30/2022 for .

1/1/2011

OtherNot Disclosed

Buyer

David

Seller

Book Number

Recording Date

1/1/2011

Transaction Details

David acquired the property from through a Other transaction on 1/1/2011 for .

Property constructed in 2019

YSale Price (USD) byXSales Year

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Mortgage History

9/20/2023

Arms length residential transactions purchase or resales$35,235,000

Borrower

Kiw Houston Carter Venture Llc

Lender

Walker & Dunlop Llc

Book Number

2023.375211

Recording Date

9/20/2023

Transaction Details

Kiw Houston Carter Venture Llc borrowed the property from Walker & Dunlop Llc through a Arms length residential transactions purchase or resales transaction on 9/20/2023 for $35,235,000.

10/3/2014

Sale$58,000,000

Borrower

Streetlights Residential

Lender

Book Number

Recording Date

10/3/2014

Transaction Details

Streetlights Residential borrowed the property from through a transaction on 10/3/2014 for $58,000,000.

3/27/2014

Sale$6,815,000

Borrower

Streetlights Residential

Lender

Book Number

Recording Date

3/27/2014

Transaction Details

Streetlights Residential borrowed the property from through a transaction on 3/27/2014 for $6,815,000.

12/8/2009

Arms length residential transactions purchase or resales$400,000

Borrower

Green Joe R

Lender

Amegy Bank

Book Number

2009.570594

Recording Date

12/8/2009

Transaction Details

Green Joe R borrowed the property from Amegy Bank through a Arms length residential transactions purchase or resales transaction on 12/8/2009 for $400,000.

Property constructed in 2019

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$9,691,920	$76,385,757	$86,077,677	$86,077,677	Chelsea Armando Llc	8887th Avenue	Res A Blk 1 Chelsea ...	5904.06	-	92,304	316,101
2025	$9,691,920	$71,286,350	$80,978,270	$80,978,270	Bb Montrose Llc Et A...	5214 68th St Suite40...	Res A Blk 1 Chelsea ...	5904.06	-	92,304	316,101
2024	$9,691,920	$70,804,325	$80,496,245	$80,496,245	Bb Montrose Llc Et A...	5214 68th St Suite40...	Res A Blk 1 Chelsea ...	5904.06	-	92,304	316,101
2023	$9,691,920	$77,058,080	$86,750,000	$86,750,000	Bb Montrose Llc Et A...	5214 68th St Suite40...	Res A Blk 1 Chelsea ...	5904.06	ROSELAND	92,304	316,101
2022	$9,646,144	$65,483,929	$75,130,073	$75,130,073	Cpr Ar Museum Distri...	820 Gessner Ste 1000	Res A Blk 1 Chelsea ...	5904.06	ROSELAND	91,868	316,101
2021	$16,536,247	$33,758,846	$50,295,093	$50,295,093	Cpr Ar Museum Distri...	820 Gessner Ste 1000	Res A Blk 1 Chelsea ...	5904.06	ROSELAND	91,868	316,101
2020	$11,483,500	$8,145,508	$19,629,008	$19,629,008	Cpr Ar Museum Distri...	820 Gessner Ste 1000	Res A Blk 1 Chelsea ...	5904.06	-	91,868	316,101
2019	$8,268,124	$704,854	$8,972,978	$8,972,978	Cpr Ar Museum Distri...	820 Gessner Ste 1000	Res A Blk 1 Chelsea ...	5904.06	-	91,868	56,480
2018	$7,899,000	$1,000	$7,900,000	$7,900,000	M A D 88 Real Est Lt...	2370 Rice Blvd Ste 2...	Res A Blk 1 Chelsea ...	5904.06	-	91,868	56,480
2017	$7,749,000	$1,000	$7,750,000	$7,750,000	M A D 88 Real Est Lt...	2370 Rice Blvd Ste 2...	Res A Blk 1 Chelsea ...	5904.06	-	91,868	56,480

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
4641 Montrose Blvd Ste 325 Ste325, Houston, TX 77006	1320590010001	Apartments	Apartment High Rise (5+ stories)	Bb Montrose Llc Et Al Co Madera Residential	Harris	-	$ 518,946,050	2025-08-12	$ 1641.71	2019	316,101	325
301 St Joseph Pky 379, Houston, TX 77002	1274570010001	Apartments	Apartment High Rise (5+ stories)	2009 Cpt Community Owner Llc	Harris	1.8	$ 107,198,000	2025-11-13	$ 290.50	2006	369,017	379
409 Travis St 274, Houston, TX 77002	1355320010001	Apartments	Apartment High Rise (5+ stories)	Hm Aris Llc Et Al	Harris	2.7	$ 77,492,450	2025-01-28	$ 215.23	2015	360,043	274
6301 Almeda Rd 320, Houston, TX 77021	1202420010001	Apartments	Apartment High Rise (5+ stories)	Maverick County Housing Finance Corp	Harris	1.6	$ 56,712,500	2024-12-18	$ 168.60	1999	336,382	320
4899 Montrose Blvd Ste 187 Ste187, Houston, TX 77006	1215190010001	Apartments	Apartment High Rise (5+ stories)	Finger Fsc Montrose Ltd	Harris	0.1	$ 71,820,000	2025-07-05	$ 127.06	2002	565,246	187
7655 Washington Ave 356, Houston, TX 77007	1501110010001	Apartments	Apartment High Rise (5+ stories)	Pmp Investment Llc	Harris	4.2	$ 75,625,000	2025-05-16	$ 232.90	2019	324,709	356
2300 Mccue Rd 299, Houston, TX 77056	1184790000001	Apartments	Apartment High Rise (5+ stories)	T C Montecito Llc	Harris	4.6	$ 43,890,000	2025-09-17	$ 137.56	1996	319,072	299
2724 Kipling St 302, Houston, TX 77098	1332230010001	Apartments	Apartment High Rise (5+ stories)	2724 Kipling Owner Llc	Harris	1.9	$ 54,131,000	2024-07-30	$ 187.72	2012	288,358	302
1215 Sawyer St 327, Houston, TX 77007	1401370010001	Apartments	Apartment High Rise (5+ stories)	Sawyer Yards Holdco Lp	Harris	2.8	$ 54,136,320	2024-09-26	$ 201.32	2019	268,912	327
3300 Main St 328, Houston, TX 77002	1373900010001	Apartments	Apartment High Rise (5+ stories)	3300 Main Project Owner Lp	Harris	1.0	$ 80,249,540	2024-09-19	$ 199.53	2018	402,195	328
3030 Summer St 375, Houston, TX 77007	1386910010002	Apartments	Apartment High Rise (5+ stories)	Brep Summer Llc	Harris	2.9	$ 59,260,810	2024-09-27	$ 182.93	2018	323,947	375

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	4641 Montrose Blvd Ste 325 Ste325, Houston, TX 77006	—	-	92,304	2019	316,101	$ 80,978,270	$ 9,691,920	-
Bank Of The Orient	5400 Memorial Dr, Houston, TX 77007	08/14/2025	$ 9,220,000	88,142	1965	173,913	$ 14,073,794	$ 6,610,650	Fell In Love Llc
Acre Credit Fund Ii Gs Ii Llc	92 Jensen Rd, Houston, TX 77020	08/14/2025	$ 58,000,000	211,222	2022	437,515	$ 83,553,338	$ 2,112,220	East River Residential One Llc
Regions Bank	3275 Summer St, Houston, TX 77007	08/06/2025	$ 29,092,000	101,743	2020	161,461	-	-	Dtc Ss Coop Llc
Keybank National Association	929 Westcott St, Houston, TX 77007	07/16/2025	$ 94,545,000	123,623	2019	432,689	$ 126,500,000	$ 6,304,773	Mpw Owner Lp
Fbred Bdc Finance Llc	2221 W Dallas St, Houston, TX 77019	06/27/2025	$ 58,500,000	249,947	2008	415,827	$ 87,609,142	$ 23,744,965	Us Living Montrose Llc
Truist Bank	3003 Memorial Ct 380, Houston, TX 77007	06/10/2025	$ 57,000,000	435,600	2000	466,392	$ 85,294,052	$ 37,026,000	Cb Marcella Memorial Heights L
Republic State Mortgage Co	706 Rosedale St, Houston, TX 77006	05/22/2025	$ 645,000	9,621	1930	7,296	$ 1,345,402	$ 1,010,205
Citibank Na	1120 Moy St, Houston, TX 77007	04/11/2025	$ 9,240,000	34,243	2021	150,400	$ 6,769,708	$ 2,739,440	Heritage Senior Residences Lp
Walker & Dunlop Llc	609 Waverly St, Houston, TX 77007	04/01/2025	$ 47,724,000	182,037	2019	241,675	-	-	Standard In The Heights Lp
Regions Bank	1111 W 6th St, Houston, TX 77007	01/30/2025	$ 39,805,000	156,032	2021	264,101	$ 68,122,140	$ 18,009,744	Fairfield Shepherd Partnership

Mean$ 37,714,938

Median$ 35,402,500.0

Loan Amount Range$ 183,820 - $ 97,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
4641 MONTROSE BLVD, HOUSTON, TX 77006-6124	CHELSEA MUSEUM DISTRICT	7139135500	APARTMENTS
4641 MONTROSE BLVD, HOUSTON, TX 77006-6124	CHELSEA MUSEUM DISTRICT	8335841900	APARTMENTS

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License Details

License Number

32088466902

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

2/16/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	ANESTHESIA AND PAIN MANAGEMENT
	Address Line	4641 montrose blvd apt 115
	City / State / Zip	houston TX 77006
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48201
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	77006
Registration Details	SOS Code	A

License Timeline

License Issued

2/16/2023

Currently Active

Status: -

Renewal Required

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