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    Apartment buildings

    3910 Dallas St, Houston, TX 77023

    3,630 SF Built 1955
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6-unit apartment building, located at 3910 Dallas St, Houston, TX 77023, presents a compelling investment opportunity. The property, a 2-story, 3,630 square foot building constructed in 1955 and completely renovated in 2024, boasts six one-bedroom, one-bathroom units. Each unit features updated plumbing, electrical systems, windows, and flooring. Residents enjoy the convenience of assigned parking, eliminating the need for street parking. A shared washer/dryer setup is provided for added convenience. The property is fully fenced, enhancing security. The location is highly desirable, offering proximity to Kroger grocery store and the University of Houston. This stabilized investment property is priced at $750,000, representing a price per unit of $125,000 and a price per square foot of $206.61. The property is classified as Class D and is suitable for a 1031 exchange. The Harris County tax assessor parcel number (APN) is 055-095-000-0003. This is a turnkey investment ready for immediate income generation. The property's recent renovation ensures minimal maintenance needs and strong potential for rental income. Don't miss this chance to acquire a well-maintained, income-producing asset in a thriving Houston neighborhood.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1955
    Total area 3,630 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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