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B+
NoAgentList RatingHow are grades calculated?Info
Days36Days on Market
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$575,000

416 Mcgowen St, Houston, TX, 77006

$589,556 ARVInfo
On MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,522 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$163.26 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,287 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN1215900010007
Lot Number7
SubdivisionMcgowen Street
Land UseResidential
Legal DescriptionLT 7 BLK 1 MCGOWEN STREET
Census Tract410602
Assessed Land Value$206,010
Assessed Improvement Value$349,152
Assessment Year2025

About this property

City views, soaring light & true lock-&-leave energy come together in this upgraded urban retreat! A flexible 1st floor offers 2 rooms w/ glass-panel French doors, perfect for a home office, gym, guest space or lounge. Dramatic floor-to-ceiling double-pane front windows, tall ceilings, crown molding & skyline views create a bright, impressive feel throughout. The open kitchen is built for entertaining w/ an oversized island that flows into the family room w/ gas-log fireplace. Enjoy hardwood flooring on upper levels, tile on the 1st floor & engineered wood on the stairs/top floor. Custom shelving, spacious walk-in closets, plantation shutters & Hunter Douglas shades add function, privacy & polish. Baths feature granite counters, modern sinks & frameless glass shower. Set in a vibrant, walkable neighborhood near shops, dining, nightlife & transit, w/ quick access to I-45, I-10 & I-59 for easy minutes-to-Downtown, Theatre District, Museum District & Med Center convenience.

Investor Tools

$0Estimated Mortgage Balance
$624,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$589,555
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,744 /month
Positive
Cash Flow Estimate:
$1,248 /month

Interested in this property?

Wendy Johnson

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
$4,086/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,526
$555,162
2025
$206,010
$349,152
$555,162
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,526
$555,162

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$624,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,086/mo
$-1,506/mo
5.0%

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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416 Mcgowen St | Property Details | No Agent List