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$387,690

NAL Estimated Property Value

3703 Wakeforest St, Houston, TX, 77098

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,530 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$269.28 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher
FlooringMarble, Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size1,041 sqft

Building Information

Year Built1972
Stories2

Land Information

APN1010190080002
Lot Number2
SubdivisionMadison Place T/H U/R
Land UseResidential
Legal DescriptionLT 2 UNIT 3703 BLDG 8 MADISON PLACE T/H U/R
Census Tract411503
Assessed Land Value$136,344
Assessed Improvement Value$251,346
Assessment Year2025

About this property

Welcome to Madison Place and this Handsome updated townhome in great location near downtown, Levy Park, and numerous popular restaurants. This home boasts generous storage and custom cabinetry in the Kitchen, Open floorplan perfect for entertaining, Inviting brick patio and outdoor space, 2 car carport with storage closet, a Primary bath that features a walk in shower with marble counters and marble tile, LED recessed lighting in living area, remote controlled shades, and utility room upstairs. 24hr manned entrance, lovely area swimming pool for the hot Houston days.

Investor Tools

Property Icon
$387,690
Estimated Property Value
$274,516Estimated Mortgage Balance
$113,174Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,472 /month
Positive
Cash Flow Estimate:
$824 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
$378/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,142
$387,690
2025
$136,344
$251,346
$387,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,142
$387,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$290,000
No
First
Jun 22, 2023
Jul 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,516
$113,174
29%
71%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,117/mo
$-157/mo
6.1%

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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3703 Wakeforest St | Property Details | No Agent List