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4540 Mckinney Street #4

Houston, TX 77023
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Sold
Sold
$552,001 - $627,000
Sold on October 20, 2020
3,760 Sqft.
5,350 Lot Sqft
Multi-Family - Fourplex

Sold Transaction

Bobby Tyson represented the seller on this sold transaction on 10/20/2020

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General 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.
4
City
Houston
State
TX
Zip Code
77023
County
Harris County
Legal Description
TRS 10 & 11A BLK 26 EASTWOOD
Property Type
Multi-Family - Fourplex
Stories
2
Year Built
1935 / Appraisal District
Building Size
3,760 Sqft/Appraisal District
Lot Size
5,350 Sqft./Appraisal District
Key Map©
494T
Market Area

Exterior

Roof
Other

Financial

Financing Considered
Cash Sale, Conventional
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$7,991/2019
Tax Rate
2.5716

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

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

Interior

Cooling
Window Units
Heating
Window Unit

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
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Source

Houston Association of REALTORS
Source last updated Jun 04, 2024 at 08:23 AM
Listing last updated Oct 21, 2020 at 09:05 AM

Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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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.

Assigned schools

Nearby schools view nearby schools

Subdivision Facts

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Copyright© 2024 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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