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Sold 77023 Houston

4540 Mckinney Street #4

Houston, TX 77023

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Sold

$552,001 - $627,000

Sold on October 20, 2020

3,760 Sqft.

5,350 Lot Sqft

Multi-Family - Fourplex

4 Day(s) on Market

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $685K	AVM Value $491K
Value Range $610K - $767K	Value Range $ 491,426
Confidence Score NA	Confidence Score NA

$685K

$491K

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

Despite all the uncertainty that consumes us today, real estate investors know one thing hasn't changed - people want a stylish, affordable place to call home, in a fabulous location. This stately brick fourplex has the location everyone wants, but only few can have. Towering oak canopies that shade Eastwood's McKinney Street provide some of Houston's most beautiful natural scenery. With ample green space and off-street parking, 4540 McKinney is a fully leased turnkey property that provides you the truly passive income you've been searching for, without the headache. Three 2 bed 1 bath units complemented by one oversized 1 bed 1 bath, were each thoughtfully updated and leased before completion. Fourteen brand new windows per space let the light in and create the celebrated "Treehouse Effect," resulting in lower tenant turnover. If you're trying to find a safe haven before the next big crash, but deals are scarce and locations are sketchy, it's time to invest in the Gold Standard.

MLS#

89214590

Sold Price Range

$552,001 - $627,000

Listing Status

Sold

Address

4540 Mckinney Street #4

Unit No.

City

Houston

State

Zip Code

77023

County

Harris County

Subdivision

Eastwood (View subdivision price trend)

Legal Description

TRS 10 & 11A BLK 26 EASTWOOD

Property Type

Multi-Family - Fourplex

Stories

Year Built

1935 / Appraisal District

Building Size

3,760 Sqft/Appraisal District

Lot Size

5,350 Sqft./Appraisal District

Key Map©

494T

Market Area

East End Revitalized

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PRESENTED BY

Syndi Ong

Syndi Ong, Broker

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Exterior

Roof

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Interior

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Lot information

Lot Size

5,350 Sqft. /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered

Cash Sale, Conventional

Other Fees

Maintenance Fee

Taxes w/o Exemp

$7,991/2019

Tax Rate

2.5716

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.