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$440,000

NAL Estimated Property Value

3103 Fairhope St, Houston, TX, 77025

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.43 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,919 sqft

Building Information

Year Built1952
Stories1
Garage Spaces2

Land Information

APN0772030270012
Lot Number12
SubdivisionBraes Terrace
Land UseResidential
Legal DescriptionLT 12 BLK 27 BRAES TERRACE SEC 1
Census Tract413301
Assessed Land Value$323,790
Assessed Improvement Value$88,959
Assessment Year2025

About this property

Incredible location and great 3 bedroom 2 bath ranch home close to the medical center. Quiet neighborhood with tons of character and walk-ability. Nice size rooms, updated appliances and good backyard. The home never flooded (per owner) and was high and dry during Hurricane Harvey. Convenient to the medical center, downtown as well as the Galleria.

Investor Tools

Property Icon
$440,000
Estimated Property Value
$0Estimated Mortgage Balance
$440,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$923/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,876
$412,749
2025
$323,790
$88,959
$412,749
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,876
$412,749

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$432,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
4.2%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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3103 Fairhope St | Property Details | No Agent List