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$675,000

4720 Yellowstone Blvd Apt 6, Houston, TX, 77021

$877,500 ARVInfo
On MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths5,796 Sq Ft
price_per_sqft$116.46 / sqft
Year BuiltBuilt in 2011

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size9,448 sqft

Building Information

Year Built2011

Land Information

APN1326470010001
Land UseCommercial
Legal DescriptionRES A BLK 1 VIEW TOP
Census Tract313500
Assessed Land Value$170,064
Assessed Improvement Value$591,833
Assessment Year2025

About this property

Investment Opportunity – Stabilized 8-Unit Multifamily Property Excellent opportunity to acquire a well-maintained 8-unit multifamily property in the rapidly developing South Houston/Sunnyside area. The property consists of eight 1-bedroom, 1-bathroom units. The final unit is currently in the process of being leased, with the tenant scheduled to move in by the end of the month, bringing the property to 100% occupancy. Property Highlights: • 8 total units • All units are 1 bedroom, 1 bathroom • Stabilized asset with strong occupancy • Convenient access to major freeways, Downtown Houston, the Texas Medical Center, and the University of Houston • Excellent opportunity for investors seeking a cash-flowing multifamily asset with long-term appreciation potential in an area experiencing continued redevelopment and growth. Buyer to independently verify all property information, including unit dimensions, income, expenses, and occupancy.

Investor Tools

$648,291Estimated Mortgage Balance
$113,606Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$877,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,571 /month
Positive
Cash Flow Estimate:
$1,524 /month

Interested in this property?

Mimi To

MDK Realty Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,202/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,610
$761,897
2025
$170,064
$591,833
$761,897
No

Tax History

Year
Tax Paid
Assessed Value
2020
$10,610
$761,897

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Commercial
$750,000
No
First
Sep 16, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$648,291
$113,606
14%
85%
$4,497/mo

City: Houston

4720 Yellowstone Blvd Apt 6 | Property Details | No Agent List