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$1,195,000

3136 Lafayette St, Houston, TX, 77005

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,812 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$659.49 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1935
Stories1
Garage Spaces1

Land Information

APN0600210000018
Lot Number18
SubdivisionRice Court
Land UseResidential
Legal DescriptionLT 18 BLK 1 RICE COURT
Census Tract412300
Assessed Land Value$675,000
Assessed Improvement Value$335,672
Assessment Year2025

About this property

Situated on a coveted corner lot in the heart of West University, this beautifully refreshed residence blends timeless 1935 architecture with sophisticated modern updates. Fresh interior and exterior paint, designer lighting, and elegant new cabinet hardware create a refined, move-in-ready home while preserving its original character. Rich hardwood floors, graceful arched doorways, and abundant natural light enhance the inviting living and dining spaces. The chef's kitchen features granite countertops, a generous island with breakfast seating, stainless steel appliances, a gas range, wine refrigerator, and custom cabinetry. The private primary suite offers exceptional built-in storage, while the updated baths showcase granite countertops and timeless subway tile. Outdoors, enjoy an expansive entertaining deck, arbor, and built-in grill—perfect for relaxing or hosting family and friends.

Investor Tools

Property Icon
$1,144,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,144,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,170 /month
Positive
Cash Flow Estimate:
$2,390 /month

Interested in this property?

Diem Ngo-Chu

D&G Realty and Design, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,876/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,794
$1,010,672
2025
$675,000
$335,672
$1,010,672
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,794
$1,010,672

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,144,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
2.7%

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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