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$323,000

4034 Porter St, Houston, TX, 77021

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,651 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.99 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,400 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1441700010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 PORTER CROSSING
Census Tract313600
Assessed Land Value$63,600
Assessed Improvement Value$232,196
Assessment Year2025

About this property

Modern freestanding homes in the highly sought after Levit Green/Texas Medical Center area. Contemporary design with many upgraded features including luxury vinyl plank floors, quartz countertops, stainless steel appliances, shaker style cabinets, modern backsplash, and much more. The neutral gray colors make the home feel very warm and inviting. Enjoy entertaining your guests with the open living/kitchen area leading to a large covered patio in your back yard. Private driveway provides plenty of parking space for visitors. Convenient location to downtown, freeways, and the highly anticipated Levit Green development. No HOA. Expected home completion in August 2022

Investor Tools

Property Icon
$323,000
Estimated Property Value
$338,318Estimated Mortgage Balance
$6,618Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,544
$295,796
2025
$63,600
$232,196
$295,796
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,544
$295,796

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstar Bank Fsb
Fha
$338,318
Yes
First
Nov 15, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,382
$11,618
3%
98%
$2,029/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,029/mo
$-307/mo
6.4%

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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4034 Porter St | Property Details | No Agent List