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Days239Days on Market
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$275,000

$450,000

3731 Reveille St, Houston, TX, 77087

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths1,851 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.57 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,699 sqft

Building Information

Year Built1942
Stories1
Garage Spaces4

Land Information

APN0551400020018
Lot Number18
SubdivisionLum Terrace
Land UseResidential
Legal DescriptionLT 18 BLK 31 LUM TERRACE
Census Tract332900
Assessed Land Value$63,600
Assessed Improvement Value$139,427
Assessment Year2025

About this property

Situated on a spacious corner lot with ample parking, this versatile property offers multiple investment and income-producing opportunities. The property features three separate units, including a large commercial-style space with an attached one-bedroom residential unit, plus a detached one-bedroom, one-bath apartment located at the rear. The detached apartment was previously leased for $1,000 per month, providing immediate rental-income potential. Both residential units include washer and dryer connections, and an onsite storage room adds extra functionality. With commercial and residential possibilities in one location, this property is ideal for investors, entrepreneurs, or owner-occupants looking to operate a business while generating additional rental income.

Investor Tools

$68,063Estimated Mortgage Balance
$135,142Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Antonio Barrera

The All Homes Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,048
$203,027
2025
$63,600
$139,427
$203,027
No

Tax History

Year
Tax Paid
Assessed Value
2020
$2,048
$203,027

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
N/A
$84,794
N/A
First
Feb 10, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,063
$377,937
84%
34%
$509/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$509/mo
+$798/mo
7.7%

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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3731 Reveille St | Property Details | No Agent List