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$2,000,000

4308 Banner Dr, Houston, TX, 77013

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,382 Sq Ft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size31,250 sqft

Building Information

Year Built1996
Stories2

Land Information

APN0642070050189
Lot Number189
SubdivisionO S T Acres
Land UseResidential
Legal DescriptionLT 189 BLK 5 O S T ACRES SEC 2
Census Tract232500
Assessed Land Value$187,499
Assessed Improvement Value$104,465
Assessment Year2025

About this property

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. Properties are being sold for lot value only. Call listing agent Judith Reyes for any questions. Agent related to owners.

Investor Tools

$65,428Estimated Mortgage Balance
$386,684Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

Interested in this property?

Judith Reyes

HomeSmart

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,915
$291,964
2025
$187,499
$104,465
$291,964
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,915
$291,964

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Police Fcu
Conventional
$69,000
No
First
Jul 5, 2023
Jul 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,428
$1,914,572
96%
14%
$414/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$414/mo
+$1,812/mo
5.9%

City: Houston

4308 Banner Dr | Property Details | No Agent List