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Owner Contacts

$453,897

NAL Estimated Property Value

2020 Mcgowen Street 17, Houston, TX, 77004

Off Market

3 Beds

4 Bath

2,267 Sq Ft

Condos / Townhouses

$176.44 / sqft

Built in 2016

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,437 sqft

Building Information

Year Built2016

Garage Spaces1

Land Information

APN1306890030005

Lot Number5

Land UseResidential

Legal DescriptionLT 5 BLK 1 VIEWPOINT SQUARE 2ND R/P

Census Tract312300

Assessed Land Value$72,425

Assessed Improvement Value$381,472

Assessment Year2025

About this property

Spectacular modern home with custom designer finishes throughout located in Greater Third Ward. This spacious home features an open floor plan, ample storage with soft-close cabinets and drawers, and a large island kitchen. The master bathroom features double sinks, a standalone tub, and a shower. The rooftop deck is the perfect place to admire the views of Downtown. Close proximity to Emancipation Park, Baldwin Park, and Elizabeth Glover Park. Nearby coffee shops include The Doshi House, Houston Café, and 13 Celsius. Nearby restaurants include Sinfull Bakery, Navy Seafood, and District 7 Pizzeria. This home is the ultimate definition of luxury living in the inner loop! HOA covers the common area, water, sewer, gates, and trash.

Investor Tools

$453,897

Estimated Property Value

$388,706Estimated Mortgage Balance

$65,191Estimated Equity

14% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,723 /month

Positive

Cash Flow Estimate:

$908 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$919/month

$504/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,757

$453,897

2025

$72,425

$381,472

$453,897

Tax History

Year

Tax Paid

Assessed Value

2024

$8,757

$453,897

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Sofi Bank Na

Fha

$382,936

Yes

First

May 24, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$388,706

$65,191

14%

86%

$2,415/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,919/mo

$-1,197/mo

4.6%

Learn About the Market: Opportunity in Houston

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