$9,499 Closing Credit¹
#63569519, Scott Young, Listing Office: State 28 Real Estate, PLLC
$769,995 List price
3938 King St Houston, TX 77026
$9,144
Closing credit¹
2 beds
1 full
6,300 sqft
$122 / sqft
Multi-Family
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 #52796592
Summary
- MLS Number: 52796592
- 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”.
Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 3/3/2025, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$769,995
3938 King St
$9,144
closing credit¹
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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 most common annual income of people living in Houston, TX is less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
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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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 February 15, 2025 and is currently priced at $769,995.
In February 2025, from all listings sold in Houston, TX there were more than 183 sold above asking price, over 931 sold below and more than 331 were sold right at the asked price. The number of listings in Houston, TX increased by 22.2% between January and February 2025. The median list price of listings available in February 2025 was $320,768, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.