$495,000
3862 Wichita Street, Houston, TX, 77004
On Market
Property Lead Type:
BankruptcyHigh Equity
Highlights
Interior
Exterior
Lot Size7,932 sqft
Building Information
Year Built1977
Stories1
Garage Spaces4
Land Information
APN0951690010007
Lot Number7
SubdivisionHoney Circle R/P
Land UseResidential
Legal DescriptionLT 7 BLK 3 HONEY CIRCLE R/P
Census Tract312000
Assessed Land Value$94,380
Assessed Improvement Value$326,617
Assessment Year2025
About this property
Located just minutes from Downtown Houston, the University of Houston, TSU, NRG Stadium, the Museum District, medical facilities, and the light rail. This home offers convenient access to many of Houston’s top destinations, shopping, dining, and entertainment. Occupied property.
Investor Tools
$407,860Estimated Mortgage Balance
$13,137Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$856/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,167
$420,997
2025
$94,380
$326,617
$420,997
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,167
$420,997
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wolfe Financial Inc
Conventional
$389,500
No
First
Mar 24, 2016
Apr 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,860
$13,137
3%
97%
$3,079/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,079/mo
$-853/mo
6.3%
