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B+
NoAgentList RatingHow are grades calculated?Info
Days124Days on Market
Views1view
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$1,005,000

4724 Banning Drive A, Houston, TX, 77027

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,619 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$277.7 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWine Refrigerator, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,400 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1250130010006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 1 PARK AT BANNING AMEND
Census Tract411600
Assessed Land Value$203,915
Assessed Improvement Value$556,985
Assessment Year2025

About this property

Experience refined living in coveted Afton Oaks. This elegant courtyard-style patio home is perfectly positioned within walking distance to River Oaks District and Highland Village, and just minutes from The Galleria. Designed with sophistication, it showcases soaring three-story ceilings, a dramatic triple staircase, an open-concept layout, and a private elevator. The first floor offers two spacious guest suites with a shared bath. The second floor features a light-filled living area with treetop views, gas fireplace, and balcony access. The chef’s kitchen boasts granite countertops, premium Bosch stainless steel appliances, a seated breakfast bar, and a large Subzero beverage refrigerator- ideal for entertaining. The entire third floor is dedicated to the luxurious primary retreat with a spa-inspired bath, oversized shower, soaking tub, dual vanities, and generous walk-in CUSTOM closet. Fenced front yard with turf, pavers, and generator completes this exceptional residence. No HOA!

Investor Tools

$0Estimated Mortgage Balance
$995,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,030 /month
Positive
Cash Flow Estimate:
$2,010 /month

Interested in this property?

Katherine McGee

The Reyna Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,210
$760,900
2025
$203,915
$556,985
$760,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,210
$760,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$995,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
3.1%

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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4724 Banning Drive A | Property Details | No Agent List