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$4,700

3117 Albans Rd, Houston, TX, 77005

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,844 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.55 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Lot Size6,821 sqft

Building Information

Year Built1939
Stories1

Land Information

APN0590390000003
Lot Number3
SubdivisionMonticello
Land UseResidential
Legal DescriptionLT 3 & TR 4A BLK 5 MONTICELLO
Census Tract412300
Assessed Land Value$1,023,000
Assessed Improvement Value$319,591
Assessment Year2025

About this property

Charming West University cottage in the desirable Monticello subdivision featuring a spacious backyard, beautiful hardwood floors, abundant natural light, elegant finishes, and crown molding. The expansive primary bathroom has been tastefully updated, while fireplaces in both the primary suite and living room add warmth and character. Conveniently located near neighborhood grocery stores, parks, restaurants, and shopping.

Investor Tools

Property Icon
$1,362,000
Estimated Property Value
$554,260Estimated Mortgage Balance
$882,905Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,172 /month
Positive
Cash Flow Estimate:
$2,724 /month

Interested in this property?

Ephrem Wegayehu

Green Residential

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,201/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,342,591
2025
$1,023,000
$319,591
$1,342,591
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,342,591

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$554,260
Yes
First
Sep 24, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$479,095
$882,905
64%
35%
$3,324/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,324/mo
$-744/mo
2.3%

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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3117 Albans Rd | Property Details | No Agent List