$895,000
NAL Estimated Property Value2423 Mcclendon Street B, Houston, TX, 77030
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer, Refrigerator
FlooringTile, Wood
Exterior
Exterior FeaturesBalcony, Storage
Lot Size2,975 sqft
Building Information
Year Built1981
Stories2
Garage Spaces2
Land Information
APN0582290010002
SubdivisionMcclendon T/H U/R
Land UseResidential
Legal DescriptionTR B MCCLENDON T/H U/R CAROLINA PLACE
Census Tract412202
Assessed Land Value$267,930
Assessed Improvement Value$486,401
Assessment Year2025
About this property
Location Location Location -- Renovated townhome walking distance to Texas Medical Center, Rice Village and Rice University. This townhome features an open floor plan, inset custom cabinetry, baldwin hardware, new quartz countertops, new stainless steel appliances, new bath fixtures, 2 fireplaces, oak hardwood floors throughout, plantation shutters, and a unique large backyard for a townhome.
Investor Tools
$895,000
Estimated Property Value
$503,200Estimated Mortgage Balance
$391,800Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,346/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,674
$754,331
2025
$267,930
$486,401
$754,331
No
Tax History
Year
Tax Paid
Assessed Value
2024
$11,674
$754,331
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$550,000
No
First
Nov 30, 2021
Dec 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$503,200
$391,800
43%
56%
$3,298/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,330/mo
$3,298/mo
$-968/mo
3.1%
