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$1,099,000

NAL Estimated Property Value

3742 Childress St, Houston, TX, 77005

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,456 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.84 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,436 sqft

Building Information

Year Built1950
Stories1
Garage Spaces4

Land Information

APN0681250290012
Lot Number12
SubdivisionSunset Terrace
Land UseResidential
Legal DescriptionLT 12 BLK 13 SUNSET TERRACE SEC 12
Census Tract411801
Assessed Land Value$702,480
Assessed Improvement Value$15,440
Assessment Year2025

About this property

Rarely does an opportunity arise to purchase a move in ready home on a larger lot, at this price point zoning into West University Elementary School. Situated in Sunset Terrace, the 3700 block of Childress is one of the prettiest in the area with dense, majestic live Oaks forming a canopy over the street, providing a lovely backdrop for this west u area cottage. The home itself sits on a 7435sf lot and boasts charming curb appeal. Entering the home is truly a wonderful surprise with a very flexible, surprisingly open floor plan for an older gem of a home. With hardwoods throughout, the three spacious bedrooms are anchored around a fabulous, private family room open to a welcoming kitchen with a wall of windows down the side of the home. A more formal sitting room, sunroom and study front the home and enjoy those pretty street views. The gated driveway and spacious backyard lend themselves to different uses for the kids, pets and entertaining. NEVER FLOODED. Per seller.

Investor Tools

Property Icon
$1,099,000
Estimated Property Value
$507,488Estimated Mortgage Balance
$591,512Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,594 /month
Positive
Cash Flow Estimate:
$2,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,308/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,202
$717,920
2025
$702,480
$15,440
$717,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,202
$717,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$560,000
No
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$507,488
$650,512
56%
46%
$3,358/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,358/mo
$-778/mo
2.8%

Learn About the Market: Opportunity in Houston

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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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3742 Childress St | Property Details | No Agent List