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$1,121,000

NAL Estimated Property Value

3909 Rice Blvd, Houston, TX, 77005

SoldInfo
6/30/26
Beds2 Beds
Baths2 Bath
Baths1,433 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.55 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1945
Garage Spaces1

Land Information

APN0560380000007
Lot Number7
SubdivisionCollegeview
Land UseResidential
Legal DescriptionLT 7 BLK 16 COLLEGEVIEW SEC 3
Census Tract412400
Assessed Land Value$725,000
Assessed Improvement Value$23,000
Assessment Year2025

About this property

Nicely updated bungalow on Rice Blvd in great location in West University. Convenient to the Medical Center, Rice University, the Galleria, and Houston's downtown area. Lots of great restaurants and shops nearby, as well as parks. This unassuming bungalow has a great open concept interior with a large quartz kitchen island, updated appliances, engineered hardwood floors, recently updated bathrooms, light, and plumbing fixtures. A circular staircase dissects the living room taking you upstairs to a flex room that can be used as an office, storage, or small bedroom. The two bedrooms downstairs are ample in size and have windows on 2 sides. The primary bedroom has an ensuite bathroom. Fully fenced back yard. Very walkable neighborhood.

Investor Tools

Property Icon
$1,121,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,121,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,726 /month
Positive
Cash Flow Estimate:
$2,242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,620/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,840
$748,000
2025
$725,000
$23,000
$748,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,840
$748,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,121,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
2.1%

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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3909 Rice Blvd | Property Details | No Agent List