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I agree with ajaxsirius, however on low graphics settings they'd probably run. The graphics card is really your problem. Might want to look into upgrading to something like a Nvidia Geforce GT 750 or better. A GT 750 looks to be around $100 and would be a good investment. Down the road getting another 4 gb's of ram would help with future gaming.
Yeah, everyone else in this thread is right. Your CPU looks alright, but your GPU is going to be a real issue, even on TS4, which is built for potatoes. 4GB of ram would run it fine, but that's really the bare minimum you should be going for any computer these days.