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$375,000

4406 Clay St, Houston, TX, 77023

PendingInfo
Beds3 Beds
Baths3 Bath
Baths1,351 Sq Ft
price_per_sqft$277.57 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size6,351 sqft

Building Information

Year Built1925
Garage Spaces2

Land Information

APN0130520510002
Lot Number2
SubdivisionEastwood
Land UseResidential
Legal DescriptionLT 2 BLK 51 EASTWOOD
Census Tract310300
Assessed Land Value$227,000
Assessed Improvement Value$166,675
Assessment Year2025

About this property

A remarkable dual-income opportunity awaits on a picturesque, oak-lined street in the center of historic Eastwood. This inviting 1925 bungalow features two bedrooms and two full bathrooms, complemented by a charming front porch and original hardwood flooring. The modernized kitchen offers gas cooking, and the spacious back deck is perfect for entertaining. Additionally, the property includes a two-car garage and a guest apartment built in 2016, providing a versatile space ideal for a home office, Airbnb, or long-term rental. This separate unit comes complete with one bedroom, one bathroom, a full kitchen, a walk-in closet, and laundry connections. Enjoy a premier location just minutes from the University of Houston, Downtown, Midtown, and acclaimed local dining.

Investor Tools

$291,704Estimated Mortgage Balance
$124,956Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$721/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,572
$393,675
2025
$227,000
$166,675
$393,675
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,572
$393,675

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$342,000
No
First
Mar 12, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,704
$139,296
32%
70%
$2,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,051/mo
$-744/mo
3.8%

City: Houston

4406 Clay St | Property Details | No Agent List