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$1,334,779

4702 Banning Dr, Houston, TX, 77027

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,225 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$387.6 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Gas Oven, Gas Range, Dishwasher
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size11,443 sqft

Building Information

Year Built1950
Stories1
Garage Spaces2

Land Information

APN0780870020002
Lot Number2
SubdivisionGreenwood
Land UseResidential
Legal DescriptionLT 2 BLK 2 GREENWOOD
Census Tract411600
Assessed Land Value$972,000
Assessed Improvement Value$362,779
Assessment Year2025

About this property

Beautifully updated Afton Oaks home on an oversized lot. Sprawling light-filled one story home featuring hardwoods throughout and three large fireplaces! Massive formal living room and with a fireplace open to the formal dining room. Bright and airy kitchen featuring Calcutta quartz counters, subway tile backsplash and pro appliances including a 36" DCS Gas range. Massive primary bedroom includes a double shower, double sinks, fireplace and a shuttered wall of windows facing the pool! Additional large cedar closet, large walk-in pantry and plenty of additional storage throughout. The backyard features an Auto-sprinkler, mosquito systems and a Stunning pool with spa and full remote automation Aqua Link. Covered patio perfect for entertaining for al fresco dining and versatile cabana, guest quarters or a fourth bedroom with a private entrance and bath.

Investor Tools

Property Icon
$1,334,779
Estimated Property Value
$766,550Estimated Mortgage Balance
$588,682Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,009 /month
Positive
Cash Flow Estimate:
$2,670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,936/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,556
$1,334,779
2025
$972,000
$362,779
$1,334,779
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,556
$1,334,779

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Home Loans Llc
Conventional
$766,550
No
First
Nov 5, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$746,097
$642,903
46%
56%
$4,596/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,496/mo
$-2,916/mo
2.3%

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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4702 Banning Dr | Property Details | No Agent List