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$565,000

4404 Greeley St, Houston, TX, 77006

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths1,192 Sq Ft
Multi FamilyMulti Family
price_per_sqft$502.52 / sqft
Year BuiltBuilt in 1925

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Refrigerator
FlooringStone, Tile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1925

Land Information

APN0141540000002
SubdivisionFitze Homestead
Land UseResidential
Legal DescriptionTRS 2 & 3B BLK 8 FITZE HOMESTEAD
Census Tract410900
Assessed Land Value$400,000
Assessed Improvement Value$134,767
Assessment Year2025

About this property

Classical 1920’s Montrose bungalow with two rental properties! Precious 2 bedroom,2 bath house has newly updated vanities & cabinets in both bathrooms. Spacious kitchen includes plenty of counter space, side-by-side fridge/freezer, eating area & full size W/D. Look out from the kitchen onto a small porch & a large patio for BBQs, lounging & gatherings. Hardwood floors, slate floors in the kitchen. Both apartments in back have 1 bedroom, 1 bath; the upstairs apartment also has a 2nd floor room, perfect Bonus-room. The current rent on apts: $775 down and $975 up. Income makes this home in one of Houston’s most desirable, close-in neighborhoods affordable to own. Walk to restaurants & shops, or hop on the train to the Med Center, Midtown, or Downtown. Richmond Avenue takes to the Galleria & beyond. This home provides the joy of living in unique Montrose, & easy access to all of Houston.

Investor Tools

Property Icon
$565,000
Estimated Property Value
$479,200Estimated Mortgage Balance
$131,575Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,151/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,985
$534,767
2025
$400,000
$134,767
$534,767
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,985
$534,767

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$479,200
No
First
May 26, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$433,425
$128,575
22%
77%
$2,874/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,874/mo
$-914/mo
4.2%

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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4404 Greeley St | Property Details | No Agent List