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$2,652,000

4640 Banning Drive, Houston, TX, 77027

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,748 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$473.67 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,581 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APN0772450010020
Lot Number20
SubdivisionAfton Oaks
Land UseResidential
Legal DescriptionLT 20 BLK 1 AFTON OAKS SEC 1
Census Tract411600
Assessed Land Value$829,000
Assessed Improvement Value$1,036,954
Assessment Year2025

About this property

Another custom home by Partners In Building. Excellent location. Close to everything. This new home has an elegant foyer with a private home office. Beautiful formal dining room. Large kitchen that opens into the family and breakfast room. The primary suite is downstairs and offers a spa like bathroom and great custom closet. Upstairs has three bedroom all with private baths. Large game room with a wet bar and the perfect media room to watch movies. The backyard has a nice outdoor living space and if you are thinking of adding a pool there is room for that as well.

Investor Tools

Property Icon
$2,652,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,652,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,912 /month
Positive
Cash Flow Estimate:
$5,304 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,421/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,794
$1,865,954
2025
$829,000
$1,036,954
$1,865,954
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27,794
$1,865,954

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,652,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$900/mo
+$2,440/mo
1.5%

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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4640 Banning Drive | Property Details | No Agent List