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$714,000

NAL Estimated Property Value

4003 Drake St, Houston, TX, 77005

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,254 Sq Ft
price_per_sqft$288.38 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Lot Size3,620 sqft

Building Information

Year Built1992
Garage Spaces2

Land Information

APN1173470010002
Lot Number2
SubdivisionDrake Court
Land UseResidential
Legal DescriptionLT 2 BLK 1 (MAP FILM CODE 350-019) DRAKE COURT
Census Tract411801
Assessed Land Value$434,640
Assessed Improvement Value$238,631
Assessment Year2025

About this property

Experience a simplified lifestyle with this refined 4-Bedroom garden home nestled within a small gated enclave in the West University area. An inviting entry leads to ground-level living spaces including a first floor primary suite with separate walk-in closets. Island Kitchen with informal dining area and utility closet with full-size washer & dryer connections. 3 Bedrooms up with ample storage and an adjoining flex space. Two-car attached Garage. Recently refreshed interior paint. Private brick paver patio surrounded by lovely landscaping. Central location with convenient access to the Medical Center, Rice Village, River Oaks District, Highland Village, and Galleria area attractions.

Investor Tools

Property Icon
$714,000
Estimated Property Value
$444,878Estimated Mortgage Balance
$269,122Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,284 /month
Positive
Cash Flow Estimate:
$1,428 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,243/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,344
$673,271
2025
$434,640
$238,631
$673,271
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,344
$673,271

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Community Capital Llc
Conventional
$446,815
No
First
Feb 14, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$444,878
$318,122
41%
62%
$2,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,204/mo
$-624/mo
4.3%

City: Houston

4003 Drake St | Property Details | No Agent List