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$1,326,119

4706 Yellowstone Boulevard, Houston, TX, 77021

Off MarketInfo
CommercialInfo
Baths1 Bath
Baths10,483 Sq Ft
Multi FamilyMulti Family
price_per_sqft$276.64 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Disposal, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size19,998 sqft

Building Information

Year Built1955

Land Information

APN0572790130021
Lot Number21-24
SubdivisionGrand Park
Land UseCommercial
Legal DescriptionLTS 21 22 23 & 24 BLK 13 GRAND PARK
Census Tract313500
Assessed Land Value$360,000
Assessed Improvement Value$966,119
Assessment Year2025

About this property

Investor alert! This fully renovated 25-unit apartment complex sits just off Hwy 288 in Houston, minutes from the Texas Medical Center, NRG Stadium, and the University of Houston. Located in a rapidly revitalizing area with new townhomes and construction nearby, these units feature all-new plumbing, electrical, HVAC, doors, windows, flooring, paint, and granite or quartz countertops. Renovations are complete, and occupancy has just begun — a turnkey opportunity to capture strong rental demand in a prime, high-growth location. The complex is fully fenced including parking as well as the common area courtyard. Dimensions to be verified by buyer.

Investor Tools

Property Icon
$1,326,119
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,400 /month
Positive
Cash Flow Estimate:
$5,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,856/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,639
$1,326,119
2025
$360,000
$966,119
$1,326,119
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27,639
$1,326,119

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Bank
Commercial
$1,500,000
No
First
Jan 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,462,263
N/A
0%
110%
$8,994/mo

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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4706 Yellowstone Boulevard | Property Details | No Agent List