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$1,125,100

3611 Gramercy Street, Houston, TX, 77025

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,898 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$326.09 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,741 sqft

Building Information

Year Built1986
Stories2
Garage Spaces2

Land Information

APN0720070020009
Lot Number9
SubdivisionBraes Heights
Land UseResidential
Legal DescriptionLT 9 BLK 5 BRAES HEIGHTS SEC 2
Census Tract413100
Assessed Land Value$571,500
Assessed Improvement Value$553,600
Assessment Year2025

About this property

This won't last. Smart and affordable way into a bright, clean and thoughtfully updated home in booming Braes Heights. Classic 2-story gem with 4 bedrooms, exceptional curb appeal and zoned to acclaimed Mark Twain Elementary. Formal living and dining and a sunny den, all with floor-to-ceiling low-e windows, walls of bookshelves, 2 wood-burning/gas fireplaces and shining wood floors. Freshly painted inside and out and brand-new, low-e windows just installed. Island kitchen with 5-burner gas cooktop, double oven w/convection, granite counters, walk-in pantry, garden window over sink and sunny breakfast area. Large master suite upstairs with a 3rd fireplace, lots of built-ins & updated bath with 2 walk-in closets and whirlpool tub. 3 additional bedrooms up, one w/murphy bed that could double as an ideal home office. Large storage closet under stairway. Lushly landscaped backyard retreat w/gazebo dining space, mature oaks, bubbling fountain, irrigation & drainage. Covered walk to garage.

Investor Tools

Property Icon
$1,125,100
Estimated Property Value
$0Estimated Mortgage Balance
$450,166Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,751 /month
Positive
Cash Flow Estimate:
$2,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,791/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,861
$1,125,100
2025
$571,500
$553,600
$1,125,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,861
$1,125,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watemark Capital Inc
Conventional
$725,600
No
First
Aug 26, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$674,934
$450,166
40%
60%
$4,351/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$4,351/mo
$-1,711/mo
2.8%

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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3611 Gramercy Street | Property Details | No Agent List