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$369,578

4202 Gillespie Street C, Houston, TX, 77020

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,651 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.82 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size2,500 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APN0511790090021
Lot Number23
SubdivisionOleander Heights
Land UseResidential
Legal DescriptionLT 23 BLK 9 OLEANDER HEIGHTS
Census Tract211400
Assessed Land Value$85,625
Assessed Improvement Value$283,953
Assessment Year2025

About this property

Modern freestanding homes inside a 6 unit community.  Contemporary design with many upgraded features including wood floors, quartz countertops, stainless steel appliances, shaker style cabinets, modern marble 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 back yard.  Private driveway provides plenty of parking space for visitors. Convenient location to downtown, freeways, and the upcoming East River development project. Click on the virtual tour link for a walk through video of the home.

Investor Tools

Property Icon
$369,578
Estimated Property Value
$0Estimated Mortgage Balance
$49,165Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,217 /month
Positive
Cash Flow Estimate:
$739 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,329
$369,578
2025
$85,625
$283,953
$369,578
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,329
$369,578

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Unknown
$339,065
No
First
May 30, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,413
$49,165
13%
87%
$2,033/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,033/mo
$-311/mo
5.6%

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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4202 Gillespie Street C | Property Details | No Agent List