Exceptional value-add opportunity in the highly sought-after MacGregor Estates, located on the exclusive street of Parkwood Dr. This spacious two-story home offers 4 bedrooms, 3.5 bathrooms, large living spaces, a home office, formal dining room, breakfast area, and a detached two-car garage on a generously sized lot. The property is a full renovation project with solid upside for investors, builders, or experienced rehabbers. The spacious floor plan and generous room sizes provide an excellent foundation for a high-end remodel, rental conversion, or long-term hold. Located minutes from the Texas Medical Center, Downtown Houston, Texas Southern University, University of Houston, and major freeways, this property benefits from strong neighborhood demand and continued redevelopment activity. This is an opportunity to acquire a property in an appreciating area with significant value-add potential. Bring your contractor and vision; very rare to find a property with this much upside.
For sale
$899,000
3726 Parkwood Dr, Houston, TX 77021
4beds
3,091sqft
:
Get pre-qualified$6,427/mo
Single Family Residence
Built in 1948
10,881 Square Feet Lot
$851,400 Zestimate®
$291/sqft
$-- HOA
What's special
Detached two-car garageHome officeSpacious two-story homeFormal dining roomLarge living spacesGenerously sized lotBreakfast area
- 1 day |
- 55 |
- 3 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Reggie Russell TREC #0740370 281-413-3466,
Allsource Properties
Source: HAR,MLS#: 36763559
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 210
- Dimensions: 15 x 14
Bedroom
- Level: First
- Area: 120
- Dimensions: 10 x 12
Bedroom
- Level: Second
- Area: 196
- Dimensions: 14 x 14
Bedroom
- Level: Second
- Area: 196
- Dimensions: 14 x 14
Other
- Level: First
Other
- Level: First
Breakfast
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Electric
Features
- 1 Bedroom Down - Not Primary BR, 3 Bedrooms Up
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 3,091
- Total interior livable area: 3,091 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Stories: 2
Lot
- Size: 10,881 Square Feet
- Features: Subdivided, 0 Up To 1/4 Acre
Details
- Parcel number: 0611380680021
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,French,Traditional
- Property subtype: Single Family Residence
Materials
- Stone
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Riverside Terrace Sec 13
Location
- Region: Houston
Financial & listing details
- Price per square foot: $291/sqft
- Tax assessed value: $435,681
- Annual tax amount: $9,760
- Date on market: 8/1/2026
- Listing terms: Cash,Conventional,Investor
Estimated market value
$851,400
$809,000 - $894,000
$3,819/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Listed for sale | $899,000+49.8%$291/sqft |
Source:  HAR #36763559 Report a problem | ||
| 7/15/2026 | Listing removed | $600,000$194/sqft |
Source: HAR #24532416 Report a problem | ||
| 7/1/2026 | Pending sale | $600,000$194/sqft |
Source: HAR #24532416 Report a problem | ||
| 6/30/2026 | Listed for sale | $600,000$194/sqft |
Source: HAR #24532416 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,124 +149.4% | $435,681 |
| 2024 | $851 +8.9% | $435,681 |
| 2023 | $782 -29.6% | $435,681 +10.7% |
| 2022 | $1,111 | $393,460 +13% |
| 2021 | -- | $348,095 +14.3% |
| 2020 | $1,202 -26.3% | $304,438 |
| 2019 | $1,631 +18.2% | $304,438 |
| 2018 | $1,380 | $304,438 |
| 2017 | $1,380 +24% | $304,438 |
| 2016 | $1,113 | $304,438 +16.8% |
| 2015 | -- | $260,698 +25.4% |
| 2014 | -- | $207,924 +8.2% |
| 2013 | -- | $192,154 |
| 2012 | -- | $192,154 |
| 2011 | -- | $192,154 |
| 2010 | -- | $192,154 |
| 2009 | -- | $192,154 |
| 2008 | -- | $192,154 +11.5% |
| 2007 | -- | $172,274 +11.7% |
| 2006 | -- | $154,178 -0.1% |
| 2005 | -- | $154,400 |
| 2004 | -- | $154,400 |
| 2003 | -- | $154,400 +7.3% |
| 2002 | -- | $143,900 +3.3% |
| 2001 | -- | $139,300 +20% |
| 2000 | -- | $116,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Macgregor
Nearby schools
GreatSchools rating
- 6/10Thompson Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Cullen Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Yates High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Thompson Elementary School (Houston)
- Middle: Cullen Middle School (Houston)
- High: Yates High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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