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$499,000

3940 Davenport St # A, Houston, TX, 77051

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,828 Sq Ft
price_per_sqft$272.98 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,001 sqft

Building Information

Year Built2023

Land Information

APN0641680290011
Lot Number11
SubdivisionSunnyside Courts
Land UseResidential
Legal DescriptionLT 11 BLK M SUNNYSIDE COURTS
Census Tract331200
Assessed Land Value$70,000
Assessed Improvement Value$283,658
Assessment Year2025

About this property

Excellent investment or house-hack opportunity in Houston! This duplex offers flexibility for both investors and owner-occupants. One unit is currently leased on a month-to-month basis with an established tenant who is willing to sign a long-term lease, providing the opportunity for immediate rental income. The second unit is vacant and ready for a new tenant or an owner looking to live on-site while generating income next door. Whether you're expanding your rental portfolio, purchasing your first investment property, or looking for a multi-generational living arrangement, this property offers multiple possibilities. Convenient Houston location with the ability to secure income from day one while maintaining flexibility for the vacant unit. Don't miss this opportunity to own an income-producing property with both immediate and long-term potential!

Investor Tools

$373,572Estimated Mortgage Balance
$353,658Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Kassieleigh Scott

Locke and Key Homes

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,927
$353,658
2025
$70,000
$283,658
$353,658
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,927
$353,658

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Va
$385,637
Yes
First
Aug 6, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,572
N/A
0%
106%
$2,313/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,313/mo
$-87/mo
7.6%

City: Houston

3940 Davenport St # A | Property Details | No Agent List