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$309,929

NAL Estimated Property Value

118 Mcgowen St Unit K, Houston, TX, 77006

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,258 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.75 / sqft
Year BuiltBuilt in 2004

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringCarpet, Concrete, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2004
Garage Spaces1

Land Information

APN1253680000011
Land UseResidential
Legal DescriptionUNIT K .0988 INT COMMON LAND & ELE 118 MCGOWEN CONDO
Census Tract410602
Assessed Land Value$58,887
Assessed Improvement Value$251,042
Assessment Year2025

About this property

Beautiful 2-bedroom 1.5-bathroom gated townhome in the heart of Midtown with modern loft style finishes next to the community garden. The location of this home is amazing with beautiful trees lining the streets, walking distance to the doggie park, excellent restaurants, sought after bars and walking trails. Minutes from all the major throughfares, Downtown, Uptown, Metro and sports venues of Toyota center. Home is graced with many excellent upgrades of granite counters, freshly painted all around including baseboards, stained concrete tile entry, pine wood floors (finished in 2017), energy efficient lights all-around, brand-new carpet and pad, walk in pantry, AC unit 2017 (recently serviced for excellent efficiency), microwave 2020, Roof 20023, modern kitchen faucet 2022, garbage disposal 2023 and freshly touched up and recalked. Come view this beautiful home before it's gone!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,085
$309,929
2025
$58,887
$251,042
$309,929
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,085
$309,929

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstar Bank Fsb
Conventional
$214,400
No
First
May 23, 2017
Jun 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,322
$135,607
43%
56%
$1,286/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,286/mo
+$674/mo
7.6%

Learn About the Market: Opportunity in Houston

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Explore

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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118 Mcgowen St Unit K | Property Details | No Agent List