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$589,900

227 Mcgowen St, Houston, TX, 77006

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,573 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$165.1 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,596 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1207990010010
Lot Number10
SubdivisionBremond Street T/H
Land UseResidential
Legal DescriptionLT 10 BLK 1 BREMOND STREET T/H
Census Tract410602
Assessed Land Value$233,550
Assessed Improvement Value$334,285
Assessment Year2025

About this property

This stunning property boasts a prime midtown location near Montrose and Downtown, nestled on a serene tree-lined street. Step inside to discover a formal living area with soaring 2-story ceilings, leading to a spacious dining room perfect for hosting gatherings with friends and family. The breakfast, kitchen, and family room open area offers a spacious cozy retreat. The third floor features a game room loft style with views of the living room, leading to the expansive primary bedroom. On the first floor a flex-area/study connects two secondary bedrooms with big windows viewing the lush front yard. Experience the ultimate in urban living in this exquisite home.

Investor Tools

$333,161Estimated Mortgage Balance
$280,839Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,684 /month
Positive
Cash Flow Estimate:
$1,228 /month

Interested in this property?

Aldo Di Vece

Beth Wolff Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,206/month
$3,892/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,407
$567,835
2025
$233,550
$334,285
$567,835
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,407
$567,835

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$375,000
No
First
Sep 16, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,161
$280,839
45%
54%
$2,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$6,141/mo
$-3,561/mo
5.0%

City: Houston

227 Mcgowen St | Property Details | No Agent List