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$545,013

NAL Estimated Property Value

4431 Mckinney St Apt 7, Houston, TX, 77023

$555,619 ARVInfo
Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths3,396 Sq Ft
Multi FamilyMulti Family
price_per_sqft$166.34 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesRange, Refrigerator
FlooringCarpet, Tile, Hardwood

Exterior

Lot Size5,349 sqft

Building Information

Year Built1950

Land Information

APN0130280000014
SubdivisionEastwood
Land UseCommercial
Legal DescriptionTRS 14 & 15A BLK 23 EASTWOOD
Census Tract310300
Assessed Land Value$160,500
Assessed Improvement Value$384,513
Assessment Year2025

About this property

Location, Location, Location! This 7-unit multifamily complex located in the heart of Eastwood, on one of the most desired streets in the neighborhood. Quiet & well maintained, recent roof, water heaters & window units. 6 Units are 1 Bedroom/1 Bath & the 7th is 2 Bedroom/1 Bath. Each apt has a unique layout. Two bdgs, one w/ 5 units (approx 543 sq/ft ea) & one w/ 2 units(approx 340 sq/ft ea) nestled together to create a shared shady courtyard. Separate meters for elec/gas, landlord pays water. All units occupied, turnover is rare & most tenants are long term. 99% occupancy for last 4 yrs. Property currently generates a monthly gross income of almost $5K, w/room to raise rents. Easy access to 1-45, I-59, I-10 & 610. Walking distance to the Light Rail & bus lines, close to UH & Downtown. This multi-family unit is Perfect for the Investor that wants to be part of this exciting & growing East End Revitalized Area. Units can be seen during option period. Call today for more information.

Investor Tools

Property Icon
$545,013
Estimated Property Value
$112,418Estimated Mortgage Balance
$432,595Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$555,618
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,389 /month
Positive
Cash Flow Estimate:
$1,130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,601
$545,013
2025
$160,500
$384,513
$545,013
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,601
$545,013

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jared L Meadors
Purchase Money Mortgage
$120,000
No
First
Dec 9, 2022
Dec 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,418
$432,595
79%
21%
$720/mo

Learn About the Market: Opportunity in Houston

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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.

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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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4431 Mckinney St Apt 7 | Property Details | No Agent List