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$371,000

3931 Tulane St, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,684 Sq Ft
price_per_sqft$1.42 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,708 sqft

Building Information

Year Built2018
Garage Spaces1

Land Information

APN1389370010034
Lot Number34
Land UseResidential
Legal DescriptionLT 34 BLK 1 TULANE PARK
Census Tract530600
Assessed Land Value$98,872
Assessed Improvement Value$250,100
Assessment Year2025

About this property

Welcome to Tulane Park! This meticulously maintained 3 bedroom, 2.5 bath home features high ceilings with an abundance of natural light and hardwood floors throughout. Open kitchen boasts island seating, quartz countertops, and stainless steel appliances. Spacious primary bedroom with a large walk in closet, garden tub, dual sinks, and separate shower. Outdoor patio with pavers and artificial turf is low maintenance and great for entertaining. Custom garage storage installed to add much needed space for odds and ends. The community features an additional green space, dog park, and guest parking. So close to Whole Foods, great restaurants, and it is minutes away from major freeways. The HOA covers the gate with security cameras, front yard landscaping, water, trash, and the dog park.

Investor Tools

Property Icon
$371,000
Estimated Property Value
$250,000Estimated Mortgage Balance
$149,345Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,494
$348,972
2025
$98,872
$250,100
$348,972
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,494
$348,972

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Iberiabank
Conventional
$250,000
No
First
Jul 9, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,655
$170,345
43%
60%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,499/mo
+$223/mo
5.6%

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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3931 Tulane St | Property Details | No Agent List