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$232,000

3127 Bay St, Houston, TX, 77026

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,424 Sq Ft
Year BuiltBuilt in 2024

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,103 sqft

Building Information

Year Built2024

Land Information

APN0291880660002
SubdivisionPorter & Baker
Land UseResidential
Legal DescriptionTR 66B BLK 66 PORTER & BAKER
Census Tract211000
Assessed Land Value$63,848
Assessed Improvement Value$80,152
Assessment Year2025

About this property

Location! Location! This property has great visibility to major freeways and is close to Downtown Houston, the Heights, the University of Houston, Buffalo Bayou Park, and the Texas Medical Center. There is a lot of opportunity for commercial and residential construction. Several new developments are going up nearby. This is something you don't want to miss. Come view this great property today!

Investor Tools

Property Icon
$232,000
Estimated Property Value
$0Estimated Mortgage Balance
$232,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,392 /month
Positive
Cash Flow Estimate:
$464 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,150
$144,000
2025
$63,848
$80,152
$144,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,150
$144,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$232,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
8.9%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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3127 Bay St | Property Details | No Agent List