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$394,400

NAL Estimated Property Value

3625 Mcgowen St # A, Houston, TX, 77004

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths874 Sq Ft
price_per_sqft$250.57 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator
FlooringLaminate

Exterior

Lot Size4,748 sqft

Building Information

Year Built1940

Land Information

APN0221600000006
Lot Number6
SubdivisionLeeland Park
Land UseResidential
Legal DescriptionLT 6 BLK J 4 LEELAND PARK
Census Tract312200
Assessed Land Value$167,960
Assessed Improvement Value$226,440
Assessment Year2025

Investor Tools

Property Icon
$394,400
Estimated Property Value
$161,533Estimated Mortgage Balance
$232,867Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,366 /month
Positive
Cash Flow Estimate:
$789 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,104
$394,400
2025
$167,960
$226,440
$394,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,104
$394,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$180,000
No
First
Jan 11, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,533
$232,867
59%
41%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,080/mo
+$642/mo
5.2%

Learn About the Market: Opportunity in Houston

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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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3625 Mcgowen St # A | Property Details | No Agent List