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$505,000

NAL Estimated Property Value

406 Gargan St, Houston, TX, 77009

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,117 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$240.91 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size3,999 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN0031960000013
Lot Number14
SubdivisionAllen A C
Land UseResidential
Legal DescriptionLT 14 BLK 44 ALLEN A C
Census Tract212300
Assessed Land Value$173,160
Assessed Improvement Value$331,840
Assessment Year2025

About this property

Pristine recent construction meticulously maintained by the first owners located in up and coming Northside Village nestled a couple of blocks from Downtown, the Heights, Arts District, popular Hike/Bike trail, local breweries, major freeways & the Light Rail! You will appreciate the extended PRIVATE DRIVEWAY for guest parking, FOUR bedrooms (including rare 1ST FLOOR PRIMARY SUITE) plus FLEX ROOM, 2.5 baths, thoughtfully designed mudroom & utility room, abundance of natural light, beautiful hardwood floor throughout, soaring ceilings, plethora of storage, welcoming front porch & INCREDIBLE BACKYARD featuring over-sized COVERED DECK & plenty of GREEN SPACE! The gleaming kitchen, opening to the dining & living room, boasts quartz countertops,SS appliances & ample storage space.Don't miss this never flooded home & outside the floodplains home that checks every box you've been waiting for!In the min.lot size of 4500 SF area so you don't have to worry about townhomes being built around you.

Investor Tools

Property Icon
$505,000
Estimated Property Value
$369,742Estimated Mortgage Balance
$135,258Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$809/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,180
$505,000
2025
$173,160
$331,840
$505,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,180
$505,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$408,000
No
First
Jun 4, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,742
$135,258
26%
73%
$2,447/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,447/mo
$-725/mo
4.1%

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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406 Gargan St | Property Details | No Agent List