Remodeled Furnished
For Sale
$975,000
Pending
3925-3927 Childress Street, Houston, TX 77005
Two furnished two-bedroom units feature updated kitchens, bathrooms, plumbing, windows, flooring, and central air conditioning.
Property Size2,216 SF
Days on Market543
Property Features for 3925-3927 Childress Street
General Information
Standard status
Pending
Size
2,216 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Sunset Terrace / Montclair Place Civic Club
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$19,778
Building Details
Year Built
1952
Listing Agency:
Core Properties
Listed By:
Linh Luong · License #0687812
(832) 583-1688
Source:
Exitrealty
Added: May 2, 2025
Changed: Oct 25
Last Checked: Oct 23 at 4:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Core Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 3925-3927 Childress Street in Houston’s West University area, this 2,216-square-foot duplex was built in 1952 and has been comprehensively updated. The property contains two 2-bedroom, 2-bathroom units, and both are furnished for immediate occupancy or rental use.
Recent improvements include new drain and water lines, a central air system, windows, sliding doors, interior and exterior doors, recessed lighting, and flooring. The kitchens and bathrooms have also been renovated with updated finishes. The duplex occupies a large lot in the West University area of Houston.
Recent improvements include new drain and water lines, a central air system, windows, sliding doors, interior and exterior doors, recessed lighting, and flooring. The kitchens and bathrooms have also been renovated with updated finishes. The duplex occupies a large lot in the West University area of Houston.
Key Highlights
- 2,216‑square‑foot duplex at 3925‑3927 Childress Street, Houston, TX 77005
- Two 2‑bedroom, 2‑bathroom units
- Both units are furnished
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,025
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,500
$580.5K
Cap Rate 7%
$414,643
$414.6K
Cap Rate 9%
$322,500
$322.5K
Market Conditions
NOI Build-Up for 2,216 SF
Gross rent
$43.9K $19.80/SF
− Vacancy
−$2.4K −$1.09/SF
EGI
$41.5K $18.71/SF
− OpEx
−$12.4K −$5.61/SF
NOI
$29.0K $13.10/SF
Area
Houston, TX
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,500
Cap Rate 7%
$414,643
Cap Rate 9%
$322,500
Alternative Uses
Best Use
Multifamily LT 5
$414.6K
$362.8K – $483.8K
NOI $29,025 @ 7.0% cap · market cap 2.98%
Second Best
Apartment 5plus
$358.6K
$313.8K – $418.4K
NOI $25,105 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$569.8K
$498.6K – $664.8K
NOI $39,888 @ 7.0% cap · market cap 4.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,513
Businesses Nearby
Explore this area
Business Placement
Demographics for 77005, TX
28,241
Population
10,564
Households
2.7
Avg Household Size
36
Median Age
88%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
7,432
Density / Sq Mi
$215,708
Median Household Income
$100,839
Median Earnings
$2,058
Median Rent
$1,354,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two furnished two-bedroom units feature updated kitchens, bathrooms, plumbing, windows, flooring, and central air conditioning.
Where is this duplex located?
The property is located at 3925-3927 Childress Street Houston, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 2,216‑square‑foot duplex at 3925‑3927 Childress Street, Houston, TX 77005; Two 2‑bedroom, 2‑bathroom units; Both units are furnished
