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$350,000

NAL Estimated Property Value

1224 Mcneil St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,623 Sq Ft
price_per_sqft$208.19 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size1,782 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1444740010006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 1 RYON GROVE
Census Tract210400
Assessed Land Value$79,403
Assessed Improvement Value$208,592
Assessment Year2025

About this property

To be built! Make this stunning modern home your own! This beautiful new construction has large living spaces, and spacious bedrooms, and is conveniently located near Downtown, Midtown, EADO, and the Heights. The open-concept living room and kitchen are perfect for entertaining, with a huge island, ample cabinet space, new appliances, and a generously sized pantry. The upstairs flooring is carpeted except for the wet areas. The primary bedroom features a cathedral ceiling and a Japanese wet room style walk-in shower/soaking tub combo, with a spacious walk-in closet. Two secondary bedrooms share a jack-and-jill bath and have private vanity areas. Located just minutes away from Downtown and the Galleria, and a few blocks from the north rail line for easy access to all parts of the city. This brand new 3 bed, 2.5 bath home with a modern design won't last long!

Investor Tools

Property Icon
$350,000
Estimated Property Value
$282,575Estimated Mortgage Balance
$67,425Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,683
$287,995
2025
$79,403
$208,592
$287,995
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,683
$287,995

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$297,000
No
First
Sep 18, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,575
$70,425
19%
81%
$1,781/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,931/mo
$-209/mo
5.9%

City: Houston

1224 Mcneil St | Property Details | No Agent List