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Owner Contacts

$334,785

NAL Estimated Property Value

3417 Gillespie St, Houston, TX, 77020

Off Market

3 Beds

4 Bath

1,932 Sq Ft

Single Family Residence

$183.7 / sqft

Built in 2007

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Exterior

Lot Size2,330 sqft

Building Information

Year Built2007

Garage Spaces2

Land Information

APN1294850010001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 BLK 1 CAGE GILLESPIE PLACE

Census Tract211400

Assessed Land Value$71,253

Assessed Improvement Value$263,532

Assessment Year2025

About this property

Welcome to 3417 Gillespie, located in booming East End and the epitome of convenience and inner-loop living. Walking distance (less than .5 mile) to the new East River HTX development by Midway, this home presents an amazing opportunity to get into the neighborhood early before development fully transitions the area. Commuting to Downtown is a breeze, and you’re just minutes away from iconic attractions like Minute Maid Park, Discovery Green, and the Toyota Center. Other nearby attractions in EaDo include East River 9, Shell Energy Stadium, Brass Tacks, Pitch 25, not to mention Michelin Bib Gourmand winner Nancy's Hustle, plus so much more. For investors looking for a turnkey income property, this home is currently being used as a short-term rental and can be sold with all the furniture. Whether you're looking for a place to call home near all the action Houston's inner loop has to offer, or an investor looking to expand your portfolio, don't miss out on this East End gem.

Investor Tools

$334,785

Estimated Property Value

$331,139Estimated Mortgage Balance

$3,646Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,129 /month

Positive

Cash Flow Estimate:

$710 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$752/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,355

$334,785

2025

$71,253

$263,532

$334,785

Tax History

Year

Tax Paid

Assessed Value

2024

$7,355

$334,785

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending

Conventional

$337,075

First

May 19, 2025

Jun 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$331,139

$6,861

99%

$2,021/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,021/mo

$-299/mo

6.2%

Learn About the Market: Opportunity in Houston

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