411Days on Market

4view

$720,000

4708 Mckinney St, Houston, TX, 77023

On Market

3 Beds

3 Bath

2,988 Sq Ft

Single Family Residence

$240.96 / sqft

Built in 1935

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Heating Central

Cooling

AppliancesWater Heater, Disposal, Ice Maker, Double Oven, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size5,981 sqft

Building Information

Year Built1935

Land Information

APN0130330000034

SubdivisionEastwood

Land UseResidential

Legal DescriptionTRS 2B & 3A-1 BLK 28 EASTWOOD

Census Tract310300

Assessed Land Value$219,620

Assessed Improvement Value$433,156

Assessment Year2025

About this property

NO HOA's. This 1930s dream home has 3-4 BR/3 baths located in the Heart of Eastwood. Gutted & redesigned to an open floor plan in 2015. This property has a whole-house generator. Home has inviting curb appeal, and from the moment you walk through the front door, you’re greeted by a cozy fireplace and chef’s dream gourmet kitchen, w/ farmer’s sink, Viking stove w/pot filler, dual ovens, & rare Italian granite counters! Bamboo hardwood & travertine tile floors. The large master suite’s bath features dual sinks, a separate shower, a jacuzzi & Large Walk-in Closets. Upstairs there’s a home theater/game room w/built-in bar, two bedrooms w/Jack & Jill bath & balcony. The walk-in attic w/HVAC & electricity is ready to be converted to a 4th bedroom/study! Serene front/backyard, new pergola & new hot tub perfect for ending a hard day! Easy access to all major hwys. This is your opportunity to get into a desirable neighborhood!

Investor Tools

$491,269Estimated Mortgage Balance

$268,269Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,548 /month

Positive

Cash Flow Estimate:

$1,516 /month

Interested in this property?

Louise Carter

Compass RE Texas, LLC - Houston

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,074/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,095

$652,776

2025

$219,620

$433,156

$652,776

Tax History

Year

Tax Paid

Assessed Value

2024

$9,095

$652,776

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Stifel Bank & Trust

Conventional

$500,000

First

Nov 1, 2024

Dec 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$491,269

$274,731

35%

65%

$3,118/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$3,118/mo

$-892/mo

3.5%

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