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$230,000

3710 Mcgowen St, Houston, TX, 77004

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,245 Sq Ft
price_per_sqft$184.74 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size4,748 sqft

Building Information

Year Built2009
Garage Spaces2

Land Information

APN1318990010003
Lot Number3
SubdivisionLight Terrace
Land UseResidential
Legal DescriptionLT 3 BLK 1 LIGHT TERRACE SEC 2
Census Tract312200
Assessed Land Value$167,960
Assessed Improvement Value$150,767
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath single-family home offering about 1,245 sq. ft. of living space on an approximately 4,740 sq. ft. lot in the Light Terrace area. Built circa 2009, the residence features an efficient one-story layout with an open common area, well-sized bedrooms, and modern finishes throughout. Located close to Midtown/Third Ward amenities, transit options and major routes, the property combines convenient urban access with neighborhood appeal.

Investor Tools

$0Estimated Mortgage Balance
$318,727Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,912 /month
Positive
Cash Flow Estimate:
$637 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$694/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,736
$318,727
2025
$167,960
$150,767
$318,727
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,736
$318,727

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$318,727
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
6.5%

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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