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$1,795,000

3774 Drake St, Houston, TX, 77005

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,258 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$550.95 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dryer, Washer, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size8,102 sqft

Building Information

Year Built1994
Stories2
Garage Spaces3

Land Information

APN0681250240006
Lot Number6
SubdivisionSunset Terrace
Land UseResidential
Legal DescriptionLT 6 BLK 10 SUNSET TERRACE SEC 10
Census Tract411801
Assessed Land Value$918,000
Assessed Improvement Value$469,000
Assessment Year2025

About this property

Location and substance combined! Wonderful opportunity to live in family friendly Sunset Terrace! Zoned to West U Elementary, close to West U Little League fields, restaurants and shopping. Home is not only beautiful, but spacious, light-filled and very well-maintained. All brick exterior, plus electric gate and porte cochere leading to detached two-car garage with covered walkway to house. Guest quarters with full bath is located above the garage and is not included in the square footage. Stunning home has four bedrooms (all upstairs), including a very large primary suite (and closet!) plus a secondary suite & two bedrooms w/a Jack-&-Jill bath. Full sized laundry room upstairs includes full-sized washer/dryer. Large family room has built-ins and fireplace. Gorgeous kitchen w/stainless appliances including refrigerator, double oven & built-in microwave. Other features: hardwoods in all main living areas and bedrooms, tall ceilings, recessed lighting, wine room, and butler's pantry.

Investor Tools

$1,088,422Estimated Mortgage Balance
$467,554Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,770 /month
Positive
Cash Flow Estimate:
$3,590 /month

Interested in this property?

Trace Holcomb

Hunter Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,888/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,897
$1,387,000
2025
$918,000
$469,000
$1,387,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,897
$1,387,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$1,106,250
No
First
Jun 24, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,088,422
$505,578
31%
70%
$6,633/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$6,633/mo
$-3,293/mo
2.6%

City: Houston

3774 Drake St | Property Details | No Agent List