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$245,000

3217 Hutchins St, Houston, TX, 77004

$318,500 ARVInfo
PendingInfo
Baths2,550 Sq Ft
Year BuiltBuilt in 2005

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size5,001 sqft

Building Information

Year Built2005
Stories1

Land Information

APN0191600000007
Lot Number7
SubdivisionHolman Outlot 35
Land UseOther / Unknown
Legal DescriptionLT 7 BLK 1 HOLMAN OUTLOT 35
Census Tract312400
Assessed Land Value$260,000
Assessed Improvement Value$272,946
Assessment Year2025

About this property

This 5000 sqft lot is 1-block from Emancipation Park which underwent a $33-million revitalization. A perfect lot for an investor looking to build townhomes as you see on all adjacent townhome lined developed streets. 5-minutes to Midtown, downtown and an easy commute to museums, theaters, galleries, restaurants and sports venues. The onsite building would be considered a tear down as you build-to-suit. What a great opportunity for an investor's real estate development portfolio. No HOA! Never Flooded, being sold As-Is.

Investor Tools

$0Estimated Mortgage Balance
$532,946Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$318,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,198 /month
Positive
Cash Flow Estimate:
$1,066 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,115/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,712
$532,946
2025
$260,000
$272,946
$532,946
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$10,712
$532,946

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$532,946
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.

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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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3217 Hutchins St | Property Details | No Agent List