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Days45Days on Market
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$879,600

3106 Lee Street, Houston, TX, 77026

On MarketInfo
CommercialInfo
Beds2 Beds
Baths3 Bath
Baths3,840 Sq Ft
Multi FamilyMulti Family
price_per_sqft$229.06 / sqft

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
AppliancesDishwasher
FlooringLaminate, Tile, Vinyl

Exterior

Lot Size1,102 sqft

Land Information

APN1478230010002
Lot Number2
Land UseRes Vacant Table Val
Legal DescriptionLT 2 BLK 1 YES SQUARE
Census Tract211101
Assessed Land Value$26,364
Assessment Year2025

About this property

Discover a unique opportunity in Houston's French Town 5th Ward: 4 brand new residences offered together as a single portfolio. This gated community provides both privacy and a shared experience with its inviting central courtyard. This property represents a fantastic opportunity for investors, perfectly configured for use as short-term rentals (like Airbnb/VRBO) or as a cohesive long-term rental community. Each of the 4 distinct homes offers 2 bedrooms, 2.5 bathrooms, and impresses with high ceilings and luxurious finishes. Modern fixtures, gourmet kitchens with quartz countertops and stainless steel appliances, and elegant porcelain tile/laminate flooring define the interiors. The primary suite in each unit serves as a private retreat with an en-suite bathroom. Enjoy the convenience of being just 2 minutes from Downtown and 20 minutes from George Bush Intercontinental Airport (IAH). This is your chance to own a multi-unit residential asset in a sought-after location. Enquire today!

Investor Tools

Property Icon
$871,000
Estimated Property Value
$0Estimated Mortgage Balance
$871,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,278 /month
Positive
Cash Flow Estimate:
$1,759 /month

Interested in this property?

Andre Beraud

Brooks & Davis Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$26,364
2025
$26,364
N/A
$26,364
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$26,364

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$871,000
100%
0%
$0/mo

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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3106 Lee Street | Property Details | No Agent List