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$1,265,631

NAL Estimated Property Value

3502 Gramercy St, Houston, TX, 77025

Recently SoldInfo
8/17/26
Beds4 Beds
Baths5 Bath
Baths3,482 Sq Ft
price_per_sqft$315.91 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size6,316 sqft

Building Information

Year Built1994
Stories2
Garage Spaces2

Land Information

APN0720070040007
Lot Number7
SubdivisionBraes Heights
Land UseResidential
Legal DescriptionLT 7 BLK 12 BRAES HEIGHTS SEC 3 PAR R/P
Census Tract413100
Assessed Land Value$549,666
Assessed Improvement Value$715,965
Assessment Year2025

About this property

Great opportunity in highly desirable Braes Heights to make this property your own! Tucked away at the end of a cul-de-sac, this charming brick home offers formal living and dining rooms, a private office, and a spacious family room that opens to the kitchen. A wall of windows overlooks the serene, tree-lined backyard retreat, filling the home with natural light. Upstairs, you'll find the primary suite along with three secondary bedrooms and two full baths, providing plenty of space for family and guests. The detached garage includes guest quarters above, complete with a kitchenette and full bath—ideal for visitors, a home office, or additional living space. Outdoor highlights include both backyard and side yard green spaces enhanced by beautiful mature trees throughout the property. Don't miss this exceptional opportunity in Braes Heights—schedule your showing today!

Investor Tools

Property Icon
$1,265,631
Estimated Property Value
$726,195Estimated Mortgage Balance
$539,436Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,594 /month
Positive
Cash Flow Estimate:
$2,531 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,078/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,605
$1,265,631
2025
$549,666
$715,965
$1,265,631
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,605
$1,265,631

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
John Stuart Larkin
Seller Carryback / Seller Financing / Seller Take-Back
$731,500
No
First
Feb 17, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$726,195
$539,436
42%
57%
$4,386/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$4,386/mo
$-1,746/mo
2.5%

City: Houston

3502 Gramercy St | Property Details | No Agent List