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$2,599,999

$2,799,000

3867 Olympia Dr, Houston, TX, 77019

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,881 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$669.93 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher

Exterior

Lot Size16,862 sqft

Building Information

Year Built1950
Garage Spaces7

Land Information

APN0601640810001
Lot Number1
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionLT 1 BLK 81 RIVER OAKS SEC 11
Census Tract411200
Assessed Land Value$2,183,759
Assessed Improvement Value$586,866
Assessment Year2025

About this property

A fabulous opportunity on a large lot in the heart of prestigious River Oaks on an established street. Make this home your own, or use as a clean slate for new construction. The current home offers 4 large bedrooms, formal living room, family room, formal dining room, kitchen, utility room, utility room and a large 3rd floor flex space. Outside, a huge fully fenced backyard and 3 car garage with attached separate guest quarters. Zoned to River Oaks Elementary and close to the fabulous dining and shopping in River Oaks District.

Investor Tools

$792,298Estimated Mortgage Balance
$1,978,702Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,626 /month
Positive
Cash Flow Estimate:
$5,542 /month

Interested in this property?

Erin Meadows

Meadows Property Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,310/month
$2,900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$37,865
$2,770,625
2025
$2,183,759
$586,866
$2,770,625
No

Tax History

Year
Tax Paid
Assessed Value
2024
$37,865
$2,770,625

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bayshore Mortgage Funding Llc
Conventional
$806,500
No
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$792,298
$1,978,702
71%
29%
$4,836/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$7,736/mo
$-4,396/mo
1.4%

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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3867 Olympia Dr | Property Details | No Agent List