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Owner Contacts

$270,000

NAL Estimated Property Value

3809 Colgate St, Houston, TX, 77087

$311,434 ARV

Off Market

4 Beds

3 Bath

1,962 Sq Ft

Single Family Residence

$152.65 / sqft

Built in 1939

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringWood

Exterior

Lot Size12,898 sqft

Building Information

Year Built1939

Stories2

Garage Spaces3

Land Information

APN0282870000006

Lot Number6

SubdivisionPark Place

Land UseResidential

Legal DescriptionLT 6 BLK 14 PARK PLACE

Census Tract332900

Assessed Land Value$64,500

Assessed Improvement Value$196,026

Assessment Year2025

About this property

Looking for a Hidden Gem? Look no further, this beautiful home has so much to offer. Featuring 4 bedrooms 3 full bath, sitting on extra large fully fenced lot with automatic gate. Walking in you will find extra large living room accompanied with wood fireplace, dining area, and gorgeous kitchen with granite countertops, brand new appliances and one full bathroom. Moving to the second floor you will find 4 spacious bedrooms, with 2 fully remodeled bathrooms. Gorgeous, refurbished hardwood floors throughout the house, fresh texture and paint and brand new 2024 HVAC system. Walking outside you will see oversized, detached 2 car garage with double area workshop, green house, and large shed for additional storage. Beautiful outdoor sitting area with outdoor fireplace. Fully fenced yard, No HOA, Low Tax Rate and X-Flood zone

Investor Tools

$270,000

Estimated Property Value

$206,121Estimated Mortgage Balance

$63,879Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$311,434

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,797 /month

Positive

Cash Flow Estimate:

$599 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$446/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,003

$260,526

2025

$64,500

$196,026

$260,526

Tax History

Year

Tax Paid

Assessed Value

2024

$4,003

$260,526

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ocmbc Inc

Conventional

$211,111

First

Jan 3, 2025

Feb 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$206,121

$54,405

20%

76%

$1,266/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$1,266/mo

+$960/mo

9.9%

Learn About the Market: Opportunity in Houston

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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.

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