B+

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Owner Contacts

$389,000

NAL Estimated Property Value

2400 Mccue Rd Apt 410, Houston, TX, 77056

Off Market

2 Beds

2 Bath

1,769 Sq Ft

Condos / Townhouses

$211.98 / sqft

Built in 2001

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2001

Land Information

APN1269490000158

Subdivision2400 Mccue Condominiums

Land UseResidential

Legal DescriptionUNIT 410 .0079 INT COMMON LAND & ELE 2400 MCCUE CONDO

Census Tract431803

Assessed Land Value$70,601

Assessed Improvement Value$300,983

Assessment Year2025

About this property

Just remodeled (new engineered wood floors, new appliances, new carpet, new paint, new cabinets paint) gorgeous condo within 2 minute walk to Galleria. Fantastic floor plan with spacious bedrooms and huge walk-in closets, separate office, big living area, and game room up & open to the to the living area below. The game room/loft can be a third bedroom & comes with the closet. Condo is a corner unit, top floor, very bright with lots of natural light, high ceilings and big balcony. Beautiful kitchen with pantry that opens up to the dining area. Wood floors in living areas. Washer, dryer and refrigerator included. Grounds: Resort style swimming/tanning pools, Landscaped Sundecks and Grilling areas, 24-Hour Security & Controlled Access, Underground parking w/elevators & Electric Car Charging Stations, Clubhouse w/Billiards & Big Screen TV, Dry Cleaning Services & Laundry Center, Fitness Center, 24-Hour Business Center

Investor Tools

$389,000

Estimated Property Value

$381,398Estimated Mortgage Balance

$7,602Estimated Equity

3% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,334 /month

Positive

Cash Flow Estimate:

$778 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$741/month

$811/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,950

$371,584

2025

$70,601

$300,983

$371,584

Tax History

Year

Tax Paid

Assessed Value

2024

$6,950

$371,584

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Better Mortgage Corporation

Conventional

$394,345

First

Jul 29, 2024

Aug 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$381,398

$13,602

98%

$2,365/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$3,176/mo

$-1,216/mo

6.0%

Learn About the Market: Opportunity in Houston

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