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$187,000

NAL Estimated Property Value

3434 Mcgowen St, Houston, TX, 77004

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5,536 sqft

Land Information

APN0280570000005
Lot Number5
SubdivisionOliver & Dreyling
Land UseResidential
Legal DescriptionLT 5 BLK 3 OLIVER & DREYLING
Census Tract312200
Assessment Year2025

About this property

The property sits on the corner lot. This property offers a unique investment opportunity situated in an Opportunity Zone, which provides potential tax benefits for long-term investments. Its prime location near the University of Houston and Texas Southern University ensures a steady demand for rental properties, catering to students and faculty alike. Additionally, the proximity to the Metro rail makes commuting to Downtown and the East Downtown (Eado) areas convenient, further enhancing its appeal for both residents and businesses. As the area continues to grow and develop, this property is well-positioned to benefit from the ongoing revitalization and increased foot traffic. Whether you're considering residential, commercial, or mixed-use development, the potential here is vast. Explore the possibilities in this actively evolving neighborhood!

Investor Tools

Property Icon
$187,000
Estimated Property Value
$0Estimated Mortgage Balance
$187,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,163 /month
Positive
Cash Flow Estimate:
$388 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$187,000
100%
0%
$0/mo

City: Houston

3434 Mcgowen St | Property Details | No Agent List