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$350,000

3326 Mcgowen St, Houston, TX, 77004

$455,000 ARVInfo
PendingInfo
Beds3 Beds
Baths3 Bath
Baths2,256 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.14 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh 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
AppliancesDishwasher, Electric Oven, Electric Range

Exterior

Lot Size5,001 sqft

Building Information

Year Built2016
Stories1
Garage Spaces2

Land Information

APN0372570000005
Lot Number5
SubdivisionWilson Wm A
Land UseResidential
Legal DescriptionLT 5 BLK 47 WILSON WM A
Census Tract312200
Assessed Land Value$170,000
Assessed Improvement Value$334,322
Assessment Year2025

About this property

Well located property in central Houston with convenient access to Downtown Midtown and the Texas Medical Center. Situated on McGowen Street with nearby access to major thoroughfares including I 45 and US 59. Surrounded by ongoing development and redevelopment in the area. Property offers strong potential for owner occupants or investors seeking a centrally located home site or hold. Buyer to verify all information including zoning schools utilities and intended use.

Investor Tools

Property Icon
$504,322
Estimated Property Value
$191,664Estimated Mortgage Balance
$331,642Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$455,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,026 /month
Positive
Cash Flow Estimate:
$1,009 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,400
$504,322
2025
$170,000
$334,322
$504,322
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,400
$504,322

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstar Bank Fsb
Assumption
$191,664
Yes
First
Mar 17, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,680
$331,642
65%
34%
$1,150/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,150/mo
+$1,076/mo
5.3%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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3326 Mcgowen St | Property Details | No Agent List