




$850,803
NAL Estimated Property Value4123 Drake St, Houston, TX, 77005
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About this property
Fantastic opportunity to own a spacious home just one block from West University Place. This versatile property features two primary suites—one on the first floor and one on the second—plus a third bedroom, an oversized game room, and a dedicated study or home office. The expansive eat-in island kitchen opens seamlessly to a massive family room anchored by a cozy gas log fireplace, creating an ideal setting for everyday living and entertaining. A separate two-story rear building offers excellent flexibility with its own guest bedroom, bathroom, and living area. The property includes a fully fenced generous backyard, covered patio, and storage shed. There is plenty of off street parking for multiple vehicles. Built in the 1990s, the home presents a prime opportunity to update and customize to today’s design preferences. Ideally situated near Downtown, the Texas Medical Center, Rice University, and the Galleria.
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Learn About the Market: Opportunity in Houston




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.
Population Growth
~1.2%
Net Migration
Positive
Median Home Price
$261,700
Unemployment Rate
4.10%
Price Trend
~2–4% YoY growth
New Permits
~6,800 units
City: Houston
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