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$439,900

3808 Dover Street, Houston, TX, 77087

On MarketInfo
CommercialInfo
Beds8 Beds
Baths6 Bath
Baths3,576 Sq Ft
Multi FamilyMulti Family
price_per_sqft$123.01 / sqft
Year BuiltBuilt in 1936

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesPrivate Entrance, Balcony
Lot Size12,898 sqft

Building Information

Year Built1936

Land Information

APN0282870000009
Lot Number9
SubdivisionPark Place
Land UseResidential
Legal DescriptionLT 9 BLK 14 PARK PLACE
Census Tract332900
Assessed Land Value$64,500
Assessed Improvement Value$305,500
Assessment Year2025

About this property

This fourplex presents a strong investment opportunity with a large lot offering additional development potential for a duplex or triplex. Ideally located near the I-45 South feeder road and Park Place Blvd., the property provides convenient access to major Houston destinations, approximately 20 minutes from Downtown Houston and just 10 minutes from the University of Houston, making it highly appealing to prospective tenants. The property has undergone extensive exterior and major systems upgrades, including a new roof, siding, windows, electrical, and plumbing. Each unit features a separate electrical meter, providing added convenience for tenants and streamlined property management. The layout includes two first-floor units, each offering 2 bedrooms, 1 bathroom, the two upstairs units each feature 2 bedrooms, 2 bathrooms, all with a private laundry room area.

Investor Tools

$0Estimated Mortgage Balance
$436,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,639 /month
Positive
Cash Flow Estimate:
$880 /month

Interested in this property?

Boris Hernandez

JLA Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$867/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,228
$370,000
2025
$64,500
$305,500
$370,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,228
$370,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$436,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
6.1%

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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3808 Dover Street | Property Details | No Agent List