15Days on Market

1view

$590,000

3815 Latma Drive, Houston, TX, 77025

On Market

3 Beds

2 Bath

2,174 Sq Ft

Single Family Residence

$271.39 / sqft

Built in 1955

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Refrigerator

FlooringTile

Exterior

Exterior FeaturesSprinkler System

Lot Size9,243 sqft

Building Information

Year Built1955

Stories1

Garage Spaces2

Land Information

APN0791310060002

Lot Number2

SubdivisionWoodside

Land UseResidential

Legal DescriptionLT 2 BLK 6 WOODSIDE SEC 1

Census Tract413302

Assessed Land Value$340,860

Assessed Improvement Value$229,732

Assessment Year2025

About this property

Welcome to this beautifully renovated home nestled in the highly sought-after Woodside neighborhood, where timeless charm meets modern elegance. Surrounded by beautiful mature oak trees, this spacious residence offers 3 bedrooms, 2 bathrooms, a formal living room or home office, dining room, inviting family room, cozy breakfast nook, and a thoughtfully updated kitchen designed for everyday living and entertaining. This home is a short term investor or mid term investor's dream. With proximity to NRG stadium, Houston Zoo, and Texas Children's hospital your client list never runs dry here. If you run Airbnb, VRBO, Furnished Finder or similar type properties you will know the value here is golden. Conveniently located with a low tax rate and easy access to the Texas Medical Center, Downtown Houston, The Galleria, and NRG Stadium. No HOA so you are free to decorate and run the property the way you wish.

Investor Tools

$431,886Estimated Mortgage Balance

$157,114Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,540 /month

Positive

Cash Flow Estimate:

$1,180 /month

Interested in this property?

Aaron White

eXp Realty LLC

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,172/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,122

$570,592

2025

$340,860

$229,732

$570,592

Tax History

Year

Tax Paid

Assessed Value

2024

$11,122

$570,592

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

1st Alliance Mortgage Llc

Conventional

$462,650

First

Oct 7, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$431,886

$157,114

26%

73%

$2,774/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,040/mo

$2,774/mo

$-734/mo

4.2%

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.

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