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$3,600

3731 Drake St, Houston, TX, 77005

On MarketInfo
Just AddedInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,761 Sq Ft
price_per_sqft$2.04 / sqft
Year BuiltBuilt in 1948

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher
FlooringTile, Wood

Exterior

Lot Size8,999 sqft

Building Information

Year Built1948
Stories1
Garage Spaces2

Land Information

APN0681250220017
Lot Number17
SubdivisionSunset Terrace
Land UseResidential
Legal DescriptionLT 17 BLK 8 SUNSET TERRACE SEC 10
Census Tract411801
Assessed Land Value$826,200
Assessed Improvement Value$53,937
Assessment Year2025

About this property

Over 75K in updates to this home!The updates include new appliances-refrigerator, oven, microwave and dishwasher;updated kitchen drawers and cabinets along with new hardware and hinges;new faucets throughout the kitchen and bathrooms;new ceiling fans;recessed lighting added to the living room; new interior and exterior paint;2 new exterior doors; new gutters;new front porch tiling;new water heater;new connection for washer and dryer;All new receptacle switches;Updated plumbing and drainage. Located in Sunset Terrace, this West University area home is a gem.Zoned to West U Elementary, it boasts a welcoming front porch, living room with fireplace, and wood floors.A spacious den overlooks the yard and covered back patio. This walkable neighborhood is filled with mature trees and is convenient to Greenway Plaza, Galleria, Downtown, Medical Center, and Rice University. A must-see property in a desirable area.

Interested in this property?

Minal Vyas

RE/MAX Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,727/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,210
$880,137
2025
$826,200
$53,937
$880,137
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,210
$880,137

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Coca Cola Company Family Federal Cre
Conventional
$320,000
No
First
Aug 23, 2011
Sep 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,299
$695,701
76%
24%
$1,693/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,693/mo
+$887/mo
3.4%

City: Houston

3731 Drake St | Property Details | No Agent List