#63569519, Scott Young, Listing office: State 28 Real Estate, PLLC
Property details
About 3938 King St
Investor's Dream! Turnkey Property with Immediate Cash Flow A rare opportunity to own a 7-unit multifamily property that is fully occupied, with each unit currently rented for $1,100 per month and significant potential for rent increases this summer. This low-maintenance, high-yield investment offers turnkey convenience and a prime location for continued growth. Property Highlights: A+ Rehab Completed in 2017: All units gutted down to the studs and renovated with quality finishes. Modern Upgrades: New double-pane low-E windows, updated sheetrock, flooring, and doors. Permitted by the City of Houston. Unit Details: Each 2-bedroom, 1-bath unit includes stainless/black appliances, granite countertops, refrigerator, dishwasher, microwave, garbage disposal, and stackable washer/dryer. Individual Utilities: Each unit is individually metered for electricity and water. Ample Land: Enough space to build 3 additional units, expanding income potential further.
Highlights
Home typeMulti Family
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size6,300 sqft
Year built1948
MLS #38076416
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator
- Total Bedroom Count: 2
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $765,000
- Price/SqFt: $121
- Annual Tax Amount: $3,724
- Tax Year: 2024
- Directions: Head onto I-69/US-59 N, Take exit 123 to merge onto I-610 N, Keep right at the fork to continue on I-610 E, Keep right to stay on I-610 E, Take exit 19A toward Hardy St/Jensen Dr, Merge onto N Loop E Fwy, Continue straight to stay on N Loop E Fwy, Continue onto Kelley St, Turn left onto Sayers St, Destination will be on the left
- Year Built: 1948
- Stories: 1
- Living Area: 6,300 SqFt
- MLS Number: 38076416
- MLS Name: HAR
- Office Name: Om Realty Group
- Office Phone: (281) 912-3102
- Office Email: office@omrealtygrouptx.com
- Listing Agent: Vijaianand Thirunageswaram
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
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Last updated on: 7/13/2025, 5:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $215,400 | $3,724 |
| 2023 | $184,869 | $1,811 |
| 2022 | $85,000 | $1,871 |
| 2021 | $87,405 | $1,811 |
| 2020 | $75,477 | $1,507 |
| 2018 | $54,718 | $1,384 |
History based on county public records data.
Nearby schools
3
Eastex-Jensen Classical Academy
Public Charter PK-6
0.5 mi
•6915 Curry Rd
1
Rod Paige Elementary School
Public District EE-5
0.7 mi
•7501 Curry Rd
3
Cook Elementary School
Public Magnet EE-5
0.9 mi
•7115 Lockwood Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,551. The majority of Houston, TX residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
60%
<35k
30%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
29%
Single, with Kids
11%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
34%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NHRA Drag Racing
UFC
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
Burger King
What do the neighbors drive?
Cadillac
Kia
Buick
What do the neighbors listen to?
Jazz
Adult Standards
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3938 King St
The listing price of 3938 King St property is $765,000.
The property 3938 King St is a multi located in Houston, Texas, 77026.
Active Listing: 3938 King St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3938 King St are: Eastex-Jensen Classical Academy (GreatSchools Rating 3/10), Rod Paige Elementary School (GreatSchools Rating 1/10), Cook Elementary School (GreatSchools Rating 3/10), Key Middle School (GreatSchools Rating 3/10), Fleming Middle School (GreatSchools Rating 2/10), Burbank Middle School (GreatSchools Rating 6/10), Yes Preparatory - Northside (GreatSchools Rating 5/10), Kashmere High School (GreatSchools Rating 1/10), Texans Can Academy - Houston North (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $3,724 (source: MLS/based on county public records data).
The property 3938 King St is 6,300 SqFt (source: MLS/tax record).
The year of construction for 3938 King St is 1948.
This home is located at 3938 King St in Houston, TX and zip code 77026 in the Houston Gardens neighborhood. This 6,300 square foot home was built in 1948. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $765,000.
While more than 322 listings in Houston, TX in June 2025 were sold above asking price, there were more than 411 listings sold at asking price, and more than 1379 were sold below. Between May and June 2025, Houston, TX real estate market has seen increase in the number of listings by 10.4%. In June 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $323,293.
From Rocket Homes Real Estate and based on county public records data.