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$120,000

3141 Crandon Street, Houston, TX, 77026

On MarketInfo
Just AddedInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3,250 sqft

Land Information

APN0280500000038
Lot Number38
SubdivisionOak Park
Land UseResidential
Legal DescriptionLT 38 BLK 2 OAK PARK
Census Tract211000
Assessed Land Value$50,456
Assessment Year2025

About this property

Exceptional opportunity to build in the heart of Houston! 3141 Crandon St is TWO of FOUR replatted lots, offering an ideal setting for your next development or custom home project. Plans are already approximately 90% approved by the City, helping streamline the permitting process and accelerate construction timelines. Whether you're a builder, investor, contractor, or future homeowner, this lot provides a rare opportunity to bring your vision to life with less upfront planning. Utilities are available, making the transition from purchase to construction more efficient. Located in a growing area with convenient access to major highways, employment centers, shopping, dining, and entertainment, this property offers excellent potential for both resale and long-term value. Purchase one lot or inquire about acquiring multiple lots. Don't miss the chance to secure one of four ready-to-build homesites in a desirable Houston location.

Investor Tools

$30,450Estimated Mortgage Balance
$98,550Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$774 /month
Positive
Cash Flow Estimate:
$258 /month

Interested in this property?

Cameron Namazi

Summit Realty & Associates LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,191
$50,456
2025
$50,456
N/A
$50,456
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,191
$50,456

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nvestor Funding Inc
Commercial
$31,433
No
First
Sep 30, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,450
$98,550
76%
24%
$189/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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3141 Crandon Street | Property Details | No Agent List