Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days22Days on Market
Views4view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$550,000

$565,000

816 E 38th St C, Houston, TX, 77022

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,115 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.05 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size2,470 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1448700010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 EAST 38TH STREET LANDING
Census Tract530300
Assessed Land Value$69,160
Assessed Improvement Value$408,807
Assessment Year2025

About this property

Independence Heights, minutes from the Heights with quick access to 610 and 45, and no HOA. Built in 2023 and upgraded well beyond its age. Real oak hardwoods, custom shutters, and an opened-up staircase give the main floor room to breathe, with built-in surround sound throughout. The kitchen runs on quartz counters, soft close shaker cabinetry, a gas range, walk-in pantry, and an island with seating. Upstairs, the primary suite holds a private balcony, soaking tub, separate shower, and double sinks. The upgrades continue where most buyers never look: a fully insulated crawl space wired with lighting and outlets. Outside, professional-grade turf covers the side and back yards, and a substantially widened concrete driveway adds the kind of off-street parking you rarely find this close to the loop.

Investor Tools

$394,744Estimated Mortgage Balance
$133,256Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Andrea Curran

Compass RE Texas, LLC - Memorial

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,101/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,566
$477,967
2025
$69,160
$408,807
$477,967
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,566
$477,967

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$400,000
No
First
Sep 2, 2025
Oct 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,744
$133,256
25%
75%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,399/mo
$-677/mo
3.9%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

816 E 38th St C | Property Details | No Agent List