It would probably do the job, but if you wanna drop it down real low, you won’t be able to.
The problem with cheaper tripods is weight, bulk & ease of use.
I’ve got a Velbon Luxi F (I think it’s called) and it was quite expensive. Even that though has an annoying habit of shifting just ever so slightly once you’ve tightened it all up. Once it’s shifted then it stays put & to be honest it’s not such a problem with landscapes etc. but is quite a pain with close up stuff, when you are trying to get the framing just so.
I think that you need to spend hundreds to get a really stable tripod.
For the price of the eBay one, why not get it & see how you get on with it. If you find you use it loads & want something a bit better you can always get a better one in a few months & stick that back on eBay.