Last 24 Hours
$350,000
4302 Banner Dr, Houston, TX, 77013
$455,000 ARV
On Market
2 Beds
1 Bath
1,104 Sq Ft
Single Family Residence
$317.03 / sqft
Built in 1948Property Lead Type:
ARV FlipAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage Available
HeatingExterior
Lot Size30,692 sqft
Building Information
Year Built1948
Stories1
Garage Spaces2
Land Information
APN0642070050188
Lot Number188
SubdivisionO S T Acres
Land UseResidential
Legal DescriptionLT 188 BLK 5 O S T ACRES SEC 2
Census Tract232500
Assessed Land Value$185,694
Assessed Improvement Value$24,756
Assessment Year2025
About this property
Can be sold separately… DO NOT DISTURB THE TENANTS, LOT VALUE ONLY. Four properties sold together — 4302 Banner, 4308 Banner, 4312 Banner, and 4320 Banner — totaling 2.84 acres (124,098 sq. ft.) in a non-restricted commercial area just a few blocks from 610 and I-10 East. Incredible opportunity for commercial users seeking prime land with no restrictions. Ideal for an 18-wheeler trucking company, mechanic shop, container storage, parking facility, or any commercial use requiring substantial space. 2 million for all 4 properties, sold together.
Investor Tools
$0Estimated Mortgage Balance
$346,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$455,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$210,450
2025
$185,694
$24,756
$210,450
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$210,450
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$346,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
4.5%
12.4%