Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3704 Travis St Houston, TX 77002

    • Office buildings
    • 7,854 SF
    • 0.11 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3082143
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Berg & Androphy / Legal Services / Trial Attorney
    • 3704 Travis St Parking / Parking Lot
    • Seely Jeffrey R / Attorney
    • Romano Walter J / Attorney

    Property Details for 3704 Travis St

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    7,854 SF
    Property type
    Office buildings
    APN
    250330000003
    APU
    250330000003

    Description

    This exceptional three-story office building, located in the vibrant heart of Midtown Houston at 3704 Travis Street, presents a unique opportunity for businesses seeking a prominent location. The 7,400 square foot building offers multiple large office spaces, perfect for a variety of configurations to suit diverse business needs. The property features a convenient elevator for easy access to all three floors, ensuring efficient movement throughout the building. Ample parking is provided within a secure gated area, offering peace of mind for tenants and their visitors. The building's amenities include multiple break rooms and restrooms, enhancing the overall comfort and convenience for occupants. Situated in Harris County, Texas, with a zip code of 77002, this second-generation office building is ready for immediate occupancy. Its central Midtown location provides easy access to a variety of amenities, including restaurants, shops, and public transportation. The building's traditional office layout offers a classic and functional workspace, ideal for companies seeking a professional and established environment. This is a rare opportunity to secure a substantial and well-appointed office space in a highly desirable Houston location. The property is available for multiple tenants. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3808
    Latitude
    29.7389
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $18,191
    $375,000
    $648,142
    $1,023,142
    -
    $375,000
    $648,142
    $1,023,142

    Comparable in this City

    • Value Estimation
      $22,035,000
      930,730 SF

      500 Dallas St

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 930,730 SF
      500 Dallas St, Houston, TX 77002-4800
      View Details
    • Value Estimation
      $510,000
      14,827 SF

      802 Milam St

      OFFICE BUILDING • 14,827 SF
      802 Milam St, Houston, TX 77002-5301
      View Details
    • Value Estimation
      $10,960,000
      318,198 SF

      1111 Main St, Unit 485

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 318,198 SF
      1111 Main St, Houston, TX 77002-6302
      View Details
    • Value Estimation by Request
      1,282,908 SF

      333 Clay St

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 1,282,908 SF
      333 Clay St, Houston, TX 77002-2535
      View Details
    • Value Estimation
      $610,000
      17,712 SF

      410 Pierce St

      OFFICE BUILDING • 17,712 SF
      410 Pierce St, Houston, TX 77002-8646
      View Details
    • Value Estimation
      $7,250,000
      210,580 SF

      1310 Pr St

      SKYSCRAPER/HIGH-RISE (COM OFFICES) • 210,580 SF
      1310 Pr St, Houston, TX 77002-2045
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Camden City Centre Opportunity

      Class A office asset in central Houston for sale.
      301 St Joseph Pkwy, Houston, TX 77002
      View Details
    • Contact for pricing
      16,800 SF

      Midtown Houston Retail Storefront

      Prime Midtown location, high traffic, 16,800 sq ft.
      2204 Louisiana St, Houston, TX 77002
      View Details
    • Contact for pricing
      55,088 SF

      Mid-Century Modern Redevelopment Opportunity

      55,000 SF building in Houston's Midtown district.
      1000 Mcgowen St, Houston, TX 77002
      View Details
    • Contact for pricing
      219 SF

      Houston Midtown Office Building

      135,000+ sq ft office building in Houston's Midtown.
      2000 Crawford St, Houston, TX 77002
      View Details
    • $3,800,000

      Houston Investment Opportunity For Sale

      Stabilized investment property with strong tenant in Houston, TX.
      1916 Baldwin St, Houston, TX 77002
      View Details
    • Contact for pricing
      8,888 SF

      Museum District Office Space

      8,888 SF Office, Renovated 2023
      4900 Travis St, Houston, TX 77002
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,314,350 SF

      800 Bell St: Houston CBD Office

      Iconic Houston CBD office building, 1.3M+ SF.
      800 Bell St, Houston, TX 77002
      View Details
    • Contact for pricing
      8,500 SF

      Midtown Office Building For Rent

      Class B office building in Midtown with gated parking.
      410 Pierce St, Houston, TX 77002
      View Details
    • $25 SF/Yr
      5,059 SF

      Historic Downtown Office Building

      Eight-story office building in the Courts Complex, renovated in 2021.
      1018 Preston St, Houston, TX 77002
      View Details
    • Contact for pricing
      382,969 SF

      Downtown Office Building with Tunnel Access

      Centrally located office building with downtown tunnel system access.
      919 Milam St, Houston, TX 77002
      View Details
    • $22 SF/Yr
      1,000 SF

      Washington Ave Office Space

      Prime Houston Office, Move-In Ready
      1420 Washington Ave, Houston, TX 77002
      View Details
    • $15 SF/Yr
      784,143 SF

      Downtown Houston Office Tower

      Prestigious Houston office space available.
      1301 Fannin St, Houston, TX 77002
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3704 Travis St
    Houston, TX 77002
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.