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$239,000

3914 Kress St, Houston, TX, 77026

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,101 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.08 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,080 sqft

Building Information

Year Built1978

Land Information

APN0690630020018
Lot Number18
SubdivisionLiberty Gardens
Land UseResidential
Legal DescriptionLT 18 BLK 2 LIBERTY GARDENS SEC 1
Census Tract211700
Assessed Land Value$65,520
Assessed Improvement Value$168,148
Assessment Year2025

About this property

Excellent turnkey investment opportunity in Houston's rapidly developing 77026 area! This income-producing property is currently leased for $2,300/month with a great tenant in place, providing immediate rental income. Property includes a separate 1-bedroom, 1-bath rear unit, already rented and included in the total monthly rental income. Major improvements completed in 2025 include electrical, plumbing, roof, A/C, flooring, interior paint, bathrooms, kitchen, and cabinetry, minimizing future maintenance concerns. Conveniently located near Downtown Houston, major freeways, shopping, dining, and the expanding LBJ Hospital campus. Surrounded by ongoing development, new construction, and neighborhood revitalization, this property offers excellent long-term investment potential. An ideal addition to any rental portfolio with established tenants, extensive recent improvements, and immediate income from day one!

Investor Tools

$154,963Estimated Mortgage Balance
$78,705Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Texas Tier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,541
$233,668
2025
$65,520
$168,148
$233,668
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,541
$233,668

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wildcat Lending Fund One Lp
Building Or Construction Loan
$161,000
No
First
Sep 18, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,963
$78,705
33%
66%
$966/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$966/mo
+$756/mo
8.8%

City: Houston

3914 Kress St | Property Details | No Agent List