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Owner Contacts

$278,000

3630 Alsace St, Houston, TX, 77021

Off Market

3 Beds

2 Bath

1,524 Sq Ft

Single Family Residence

$113.52 / sqft

Built in 1940

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

Exterior

Lot Size8,359 sqft

Building Information

Year Built1940

Stories1

Garage Spaces2

Land Information

APN0770890030008

Lot Number8

SubdivisionLa Salette Place

Land UseResidential

Legal DescriptionLT 8 BLK 3 LA SALETTE PLACE SEC 1

Census Tract313700

Assessed Land Value$129,316

Assessed Improvement Value$37,904

Assessment Year2025

About this property

Home being sold AS-IS! PRIME LOCATION! This property presents a wealth of potential for buyers looking to invest wisely. With a straightforward conversion, you can easily transform this home into a 4-bedroom, 2-bathroom residence. Situated in a rapidly developing neighborhood, you'll find new construction projects all around. The home is nestled within the coveted inner loop area, just a stone's throw from the METRO Rail line and only minutes from Downtown Houston. Enjoy effortless connectivity to major highways like 288 and 610, providing quick access to the NRG area, the Texas Medical Center, and several nearby universities.The area is primed for growth and offers great investment potential. If you are a buyer looking for a property that needs some attention to bring the home to its full potential then this one is for you. Owner/ Agent

Investor Tools

$278,000

Estimated Property Value

$276,450Estimated Mortgage Balance

$3,151Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,668 /month

Positive

Cash Flow Estimate:

$556 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$265/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,788

$167,220

2025

$129,316

$37,904

$167,220

Yes (2023)

Tax History

Year

Tax Paid

Assessed Value

2024

$1,788

$167,220

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Unknown

$276,450

First

Jan 2, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$274,849

$7,151

99%

$1,658/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,658/mo

+$64/mo

7.4%

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.

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