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$1,110,000

3531 Drummond St, Houston, TX, 77025

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,164 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$342.92 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,568 sqft

Building Information

Year Built2002
Stories2
Garage Spaces2

Land Information

APN0760170080001
Lot Number1
SubdivisionBraes Oaks
Land UseResidential
Legal DescriptionLT 1 BLK 8 BRAES OAKS SEC 1
Census Tract413100
Assessed Land Value$522,210
Assessed Improvement Value$582,683
Assessment Year2025

About this property

Blink and This Will Be Sold ----- Exceptional price, value and condition plus a hard-to-find detached garage apartment and it's located on an oak-lined corner lot in the heart of Braeswood Place. Classic formal entry flanked by formal dining & home office with a desirable front-yard view. Spacious family room with a wall of windows, plantation shutters, built-ins and fireplace. Roomy kitchen featuring island cooktop, separate seated counter, pantry, lots of storage and sunny breakfast area. Private master suite on the first floor with wood floors, bright bath with a deep soaking tub, separate shower & walk-in closet with Elfa shelving & drawers. Second floor gameroom with a long bench with storage, adjacent full bath plus 3 more bedrooms including a jack & jill. Detached garage with covered walkway & a great garage apartment above with lots of natural light, kitchette and full bath. Includes Generator, irrigation system and nice landscaping. Zoned for Twain Elem. Call us today!

Investor Tools

Property Icon
$1,110,000
Estimated Property Value
$685,000Estimated Mortgage Balance
$464,912Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,660 /month
Positive
Cash Flow Estimate:
$2,220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,845/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,594
$1,104,893
2025
$522,210
$582,683
$1,104,893
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,594
$1,104,893

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New City Mortgage Llc
Conventional
$685,000
No
First
Mar 7, 2023
Apr 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$645,088
$487,912
43%
58%
$4,107/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$4,107/mo
$-1,467/mo
2.9%

Learn About the Market: Opportunity in Houston

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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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3531 Drummond St | Property Details | No Agent List