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$791,000

NAL Estimated Property Value

3702 Mulberry St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,574 Sq Ft
price_per_sqft$252.49 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,892 sqft

Building Information

Year Built2000
Stories2
Garage Spaces2

Land Information

APN0522220000010
SubdivisionMandell Place
Land UseResidential
Legal DescriptionTR 10 BLK 2 MANDELL PLACE
Census Tract410703
Assessed Land Value$347,280
Assessed Improvement Value$366,883
Assessment Year2025

About this property

Location! Location! In the heart of Montrose, just a couple blocks from The Menil Collection & St. Thomas Univ. This lovely home has first floor living and isn't your typical cookie cutter patio home. Impressive renovations throughout the home including a spacious gourmet kitchen w/ granite counters, Jenn-Air SS appliances including a 5 burner gas cooktop built into the island, a convection oven and an abundance of counter & cabinet space. The kitchen looks out to a huge 36 foot long backyard w/deck. Handsome curb appeal w/ lush landscaping in the gated front yard. Gleaming hardwoods, marble gas log FP w/ attractive mantle, lots of natural lighting, dramatic moldings, 2 recent HVAC systems, plantation shutters, high ceilings & a breakfast room w/ built-ins. Huge primary bedroom, luxurious bath w/ marble counter tops & a large closet w/ built-ins. Extra room upstairs makes for great office space or a game room. Nice sized secondary bedrooms. So much more, see pictures for more details.

Investor Tools

Property Icon
$791,000
Estimated Property Value
$480,213Estimated Mortgage Balance
$310,787Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,746 /month
Positive
Cash Flow Estimate:
$1,582 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,770
$714,163
2025
$347,280
$366,883
$714,163
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,770
$714,163

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Geneva Financial Llc
Conventional
$524,875
No
First
Nov 30, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$480,213
$372,787
43%
61%
$3,147/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,147/mo
$-567/mo
3.9%

Learn About the Market: Opportunity in Houston

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Explore

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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3702 Mulberry St | Property Details | No Agent List