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Days56Days on Market
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$155,000

3265 Holman Street, Houston, TX, 77004

On MarketInfo
Baths0 Bath
Baths1,040 Sq Ft

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
HeatingHeating

Exterior

Lot Size4,757 sqft

Building Information

Year Built1938
Stories1

Land Information

APN0530220000016
Lot Number16
SubdivisionForest Home
Land UseCommercial
Legal DescriptionLT 16 BLK 10 FOREST HOME
Census Tract312400
Assessed Land Value$148,920
Assessed Improvement Value$22,796
Assessment Year2025

About this property

Exceptional development opportunity in Houston's historic Third Ward. This property is ideally situated just minutes from Downtown Houston, the Texas Medical Center, the University of Houston, and Midtown, placing it in one of the city's fastest-growing urban neighborhoods. Surrounded by new construction homes, townhomes, and ongoing redevelopment, this property offers an outstanding opportunity for builders, investors, or future homeowners looking to capitalize on the area's continued growth. Whether your vision is a custom single-family residence, contemporary townhome, or long-term investment, this site offers the location and potential to make it happen. Convenient access to major thoroughfares including Highway 288, I-45, and US-59 provides an easy commute throughout Houston, while nearby parks, restaurants, museums, and entertainment enhance the property's appeal.

Investor Tools

$0Estimated Mortgage Balance
$171,716Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,030 /month
Positive
Cash Flow Estimate:
$343 /month

Interested in this property?

Gerald Womack

Womack Development & Investment Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,593
$171,716
2025
$148,920
$22,796
$171,716
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,593
$171,716

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$171,716
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
9.1%

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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3265 Holman Street | Property Details | No Agent List