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.
For sale
Price cut: $15K (7/2)
$710,000
3938 King St, Houston, TX 77026
2beds
6,300sqft
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$113/sqft
$-- HOA
What's special
Ample landUpdated sheetrockGarbage disposalGranite countertopsNew double-pane low-e windowsRenovated with quality finishes
- 31 days |
- 59 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Vijaianand Thirunageswaram TREC #0612107 281-978-2242,
Om Realty Group
Source: HAR,MLS#: 25929932
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Disposal, Microwave, Dishwasher, Refrigerator
Interior area
- Total structure area: 6,300
- Total interior livable area: 6,300 sqft
Property
Features
- Stories: 1
Details
- Parcel number: 0670750090269
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1948
Community & HOA
Community
- Subdivision: Wilshire Place
Location
- Region: Houston
Financial & listing details
- Price per square foot: $113/sqft
- Tax assessed value: $240,600
- Annual tax amount: $5,113
- Date on market: 6/6/2026
- Lease term: 1 Year
Estimated market value
Not available
Estimated sales range
Not available
$922/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $710,000-2.1%$113/sqft |
Source: | ||
| 6/6/2026 | Price change | $725,000-2%$115/sqft |
Source: | ||
| 4/13/2026 | Price change | $740,000-2.6%$117/sqft |
Source: | ||
| 10/24/2025 | Price change | $760,000-0.7%$121/sqft |
Source: | ||
| 4/14/2025 | Price change | $765,000-0.6%$121/sqft |
Source: | ||
| 2/15/2025 | Price change | $769,9950%$122/sqft |
Source: | ||
| 1/28/2025 | Listed for sale | $770,000+926.7%$122/sqft |
Source: | ||
| 9/12/2024 | Listing removed | $1,100 |
Source: | ||
| 9/5/2024 | Listed for rent | $1,100 |
Source: | ||
| 8/31/2024 | Listing removed | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 6/30/2024 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 6/30/2024 | Listing removed | -- |
Source: | ||
| 5/8/2024 | Listed for rent | $1,100 |
Source: | ||
| 4/28/2023 | Listing removed | -- |
Source: | ||
| 3/17/2023 | Listed for rent | $1,100 |
Source: | ||
| 3/16/2023 | Listing removed | -- |
Source: | ||
| 1/26/2023 | Listed for rent | $1,100+22.2% |
Source: | ||
| 6/12/2019 | Listing removed | $900 |
Source: TurboTenant Report a problem | ||
| 6/7/2019 | Price change | $900-18.2% |
Source: TurboTenant Report a problem | ||
| 4/6/2019 | Listed for rent | $1,100 |
Source: www.turbotenant.com Report a problem | ||
| 4/5/2019 | Listing removed | $75,000$12/sqft |
Source: Coldwell Banker United, Realtors - Metropolitan #83222362 Report a problem | ||
| 3/3/2019 | Listed for sale | $75,000$12/sqft |
Source: Coldwell Banker United, #83222362 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,113 +13.5% | $240,600 +11.7% |
| 2024 | $4,507 +21% | $215,400 +3.6% |
| 2023 | $3,725 +99% | $207,982 +95.2% |
| 2022 | $1,872 | $106,574 +21.9% |
| 2021 | -- | $87,405 +15.8% |
| 2020 | $1,811 +20.1% | $75,477 +21.2% |
| 2019 | $1,508 +9.1% | $62,269 +13.8% |
| 2018 | $1,382 | $54,718 |
| 2017 | $1,382 +5% | $54,718 +5.1% |
| 2016 | $1,316 +50.4% | $52,062 +52.9% |
| 2015 | $875 | $34,055 |
| 2014 | $875 | $34,055 |
| 2013 | -- | $34,055 |
| 2011 | -- | $34,055 -49.6% |
| 2010 | -- | $67,538 +98.3% |
| 2009 | -- | $34,055 |
| 2008 | -- | $34,055 +67.3% |
| 2007 | -- | $20,358 -44.1% |
| 2006 | -- | $36,447 +162.2% |
| 2005 | -- | $13,900 -20.1% |
| 2004 | -- | $17,400 |
| 2003 | -- | $17,400 |
| 2002 | -- | $17,400 |
| 2001 | -- | $17,400 +33.8% |
| 2000 | -- | $13,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Trinity - Houston Gardens
Nearby schools
GreatSchools rating
- 6/10Kashmere Gardens Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 6/10Key Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Kashmere High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Kashmere Gardens Elementary School
- Middle: Key Middle School
- High: Kashmere High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.







