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$777,000

NAL Estimated Property Value

3703 Graustark Street, Houston, TX, 77006

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,921 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$330.56 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,249 sqft

Building Information

Year Built1928

Land Information

APN0261900000007
Lot Number7
SubdivisionMontrose
Land UseResidential
Legal DescriptionLT 7 BLK 64 MONTROSE
Census Tract410703
Assessed Land Value$619,464
Assessed Improvement Value$76,720
Assessment Year2025

About this property

Exceptional redevelopment opportunity in the heart of Montrose. Situated on a 5,250 SF corner lot and surrounded by luxury new construction, this property offers incredible potential for builders, investors, or buyers looking to create a custom residence in one of Houston’s most desirable neighborhoods. Ideally located near Downtown, the Museum District, River Oaks, premier restaurants, shopping, and entertainment. The existing home offers approximately 1,921 SF with 2 bedrooms and the connected studio space offering flexibility for additional bedroom configurations, making it suitable for renovation, expansion, or a complete remodel. Mature landscaping and classic character provide a charming foundation, while the lot itself presents tremendous long-term value and development potential in a highly sought-after location.

Investor Tools

Property Icon
$777,000
Estimated Property Value
$0Estimated Mortgage Balance
$777,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,662 /month
Positive
Cash Flow Estimate:
$1,554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,165
$696,184
2025
$619,464
$76,720
$696,184
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,165
$696,184

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$777,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
4.0%

City: Houston

3703 Graustark Street | Property Details | No Agent List