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$489,854

NAL Estimated Property Value

3704 Sherman St, Houston, TX, 77003

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,017 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.65 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Free-Standing Range, Gas Range, Oven
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,265 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1445110010001
Lot Number1
SubdivisionSherman Place
Land UseResidential
Legal DescriptionLT 1 BLK 1 SHERMAN PLACE
Census Tract310101
Assessed Land Value$75,320
Assessed Improvement Value$414,534
Assessment Year2025

About this property

BRAND NEW CONSTRUCTION. Construction will be finished by end of May 2023. Gorgeous 3 beds, 3-1/2 baths, 2 cars garage, 2017 sf living area with modern design. Open concept with large windows, balcony, engineered wood, modern kitchen, & tankless water heater. There are a lot of development in the area. Close to downtown. Easy access to Hwy. 59, 45, & I-10.

Investor Tools

Property Icon
$489,854
Estimated Property Value
$368,230Estimated Mortgage Balance
$121,624Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,985 /month
Positive
Cash Flow Estimate:
$995 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,216
$489,854
2025
$75,320
$414,534
$489,854
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,216
$489,854

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$389,000
No
First
Jun 14, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,230
$122,770
25%
75%
$2,333/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$2,333/mo
$-243/mo
5.1%

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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3704 Sherman St | Property Details | No Agent List