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$2,193,000

NAL Estimated Property Value

3932 Browning Street, Houston, TX, 77005

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$442.31 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Stone, Tile, Wood

Exterior

Lot Size6,003 sqft

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APN0560260000015
Lot Number15
SubdivisionCollegeview
Land UseResidential
Legal DescriptionLT 15 BLK 4 COLLEGEVIEW SEC 3
Census Tract412400
Assessed Land Value$696,000
Assessed Improvement Value$858,719
Assessment Year2025

About this property

Stunning contemporary custom 4 bedroom and 4.5 bath home located in desirable West University Place. The versatile ground-floor study could serve as a 5th bedroom. The home was constructed by the former owner/architect and featured on the American Institute of Architects Home Tour. Characterized by high ceilings and an abundance of windows and full-view doors, the house is bathed in natural light throughout the day. The open layout kitchen and living room provide expansive outdoor views, making it ideal for entertaining. Ample storage throughout the house, featuring 2 large walk-in pantries and closet for seasonal items. The master bath is enhanced with clerestory windows inviting in natural light, providing stunning views, all while ensuring privacy. The master bedroom, with its lofty ceilings, includes access to a rooftop deck. Adding to the appeal, the green space located directly behind the house is owned by the City of West University, ensuring that it will remain undeveloped.

Investor Tools

Property Icon
$2,193,000
Estimated Property Value
$793,106Estimated Mortgage Balance
$1,399,894Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,158 /month
Positive
Cash Flow Estimate:
$4,386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,757
$1,554,719
2025
$696,000
$858,719
$1,554,719
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,757
$1,554,719

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$835,000
No
First
Aug 4, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$793,106
$1,399,894
63%
36%
$5,007/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,007/mo
$-2,427/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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3932 Browning Street | Property Details | No Agent List