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$2,340,000

NAL Estimated Property Value

3826 Drake Street, Houston, TX, 77005

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,531 Sq Ft
price_per_sqft$369.68 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Indoor Grill, Dishwasher, Refrigerator
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Balcony
Lot Size7,527 sqft

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APN0740710070024
Lot Number24
SubdivisionMontclair
Land UseResidential
Legal DescriptionLT 24 BLK 7 MONTCLAIR
Census Tract411801
Assessed Land Value$883,500
Assessed Improvement Value$1,268,455
Assessment Year2025

About this property

Sure to impress located in the highly sought after neighborhoods of Sunset Terrace-Montclair. Built by award winning Frankel Building Group this home boast a spacious open floorplan with high beamed ceilings, many large windows with ample natural light. Updated paint, hardware, lighting & plumbing fixtures, grey stained walnut floors throughout. Perfect for entertaining the open entry flows into a large open dining & serving bar/wine room, powder bath, kitchen with a wall of windows/doors flowing out onto the resort style back covered terrace with full summer kitchen and pool. Viking appliances, large serving island, butlers prep room/home office/large pantry, and soft close custom Benedettini cabinetry. All bedrooms are X-large with large walk-in closets. Tankless water heater, spray foam insulation, Pella windows, Crestron audio equipped with I-pad control system. Live Oak tree lined streets, active civic association with HPD Patrol. Sellers Inspection Report, Ready to move in!

Investor Tools

Property Icon
$2,340,000
Estimated Property Value
$1,604,223Estimated Mortgage Balance
$735,777Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,040 /month
Positive
Cash Flow Estimate:
$4,680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,725/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$33,003
$2,151,955
2025
$883,500
$1,268,455
$2,151,955
No

Tax History

Year
Tax Paid
Assessed Value
2024
$33,003
$2,151,955

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Conventional
$1,280,400
No
First
Dec 11, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,604,223
$735,777
31%
69%
$10,513/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$10,513/mo
$-7,173/mo
1.7%

City: Houston

3826 Drake Street | Property Details | No Agent List