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.

General Description

MLS#:

89214590 (HAR)

Sold Price Range:

$552,001 - $627,000

Listing Status:

Sold

Address:

4540 Mckinney Street #4

Unit No.:

4

City:

Houston

State:

TX

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:

2

Year Built:

1935 / Appraisal District

Building Sqft.:

3,760349(m²) /Appraisal District

Lot Size:

5,350 Sqft.497(m²) /Appraisal District

Key Map©:

494T

Market Area:

East End Revitalized

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Interior Features

Heating:

Window Unit

Cooling:

Window Units

Exterior Features

Roof:

Other

Assigned School Information

District:	Houston
Elementary School:	Lantrip Elementary School Excellent |
Middle School:	Navarro Middle School Good |
High School:	Austin High School Good |

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.

Listing Broker: Eastwood Realty
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Selling Broker: Syndi Ong, Broker
Last updated as of: 07/17/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$130.70	$491,426	6.67%	$491,426	6.67%
2022	$122.53	$460,711	28.53%	$460,711	28.53%
2021	$95.33	$358,436	9.17%	$358,436	9.17%
2020	$87.32	$328,331	5.66%	$328,331	5.66%
2019	$82.64	$310,739	8.82%	$310,739	8.82%
2018	$75.94	$285,552		$285,552

2023 Harris County Appraisal District Tax Value
Market Land Value:	$160,500
Market Improvement Value:	$330,926
Total Market Value:	$491,426

2023 Tax Rates
HOUSTON ISD:	0.8683 %
HARRIS COUNTY:	0.3501 %
HC FLOOD CONTROL DIST:	0.0311 %
PORT OF HOUSTON AUTHORITY:	0.0057 %
HC HOSPITAL DIST:	0.1434 %
HC DEPARTMENT OF EDUCATION:	0.0048 %
HOUSTON COMMUNITY COLLEGE:	0.0922 %
HOUSTON CITY OF:	0.5192 %
GREATER EAST END MGMT:	0.1500 %
Total Tax Rate:	2.1648 %

 

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$ 2,386Monthly

Principal & Interest

$ 2,386

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