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Owner Contacts

$461,127

NAL Estimated Property Value

4946 Park Dr, Houston, TX, 77023

Off Market

4 Beds

2 Bath

1,989 Sq Ft

Single Family Residence

$238.81 / sqft

Built in 1930

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Water Softener, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Washer

Exterior

Lot Size10,298 sqft

Building Information

Year Built1930

Garage Spaces2

Land Information

APN0270190000001

Lot Number1,2

SubdivisionMuller

Land UseResidential

Legal DescriptionLTS 1 & 2 BLK 1 MULLER

Census Tract310600

Assessed Land Value$229,440

Assessed Improvement Value$231,687

Assessment Year2025

About this property

Quintessential Eastwood area home with abundant charm and character on the market for the first time in 40 years. Featuring original woodwork + hardwoods, and original wavy glass windows, this home is truly a gem. 4 generous sized bedrooms plus a spacious living room that could make a light filled study. Updated island kitchen suited to today's cooking needs with granite counters. Both bathrooms are adorable. Enjoy the outdoors on your oversized corner lot with covered front porch, side porch and additional back porch, all surrounded by extensive landscaping with beautiful azaleas. Eastwood is a vibrant community with an active Civic Club and Annual Home Tour. Excellent location near restaurants and bars. Easy access to EaDo nightlife. Close proximity to downtown and UH main campus. Recent updates: Roof '23, Furnace '23, Foundation with 1 Year Warranty '23, Fresh interior '24 and exterior paint '23.

Investor Tools

$461,127

Estimated Property Value

$395,266Estimated Mortgage Balance

$65,861Estimated Equity

15% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,850 /month

Positive

Cash Flow Estimate:

$950 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$249/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$682

$461,127

2025

$229,440

$231,687

$461,127

Tax History

Year

Tax Paid

Assessed Value

2024

$682

$461,127

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Community Cu

Conventional

$410,000

First

May 30, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$395,266

$72,734

15%

86%

$2,459/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$2,459/mo

$-233/mo

5.8%

Learn About the Market: Opportunity in Houston

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