3922 Farmer Street, Houston, Texas 77020
$263,000
6 Beds
3 Full Baths
Multi-Family
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About 3922 Farmer Street
INVESTOR OPPORTUNITY. Updated duplex with a garage apartment offering three income-producing units in Houston. All three units were renovated in 2023 with new flooring, paint, and updated bathrooms. The front two units were further updated in 2025 with new stoves, countertops, backsplash, and tankless water heaters. Property recently appraised at $262,000. Lender-required items include replacing a portion of siding on the garage structure and reinforcing or replacing the exterior staircase to the garage unit. Seller obtained an estimate for repairs of approximately $6,000 and is open to offering a credit up to that amount, depending on what's offered. Funds can be escrowed so repairs may be completed after closing. Appraisal may be transferable. Current rents total $3,050 per month, while the appraisal indicates fair market rent of approximately $3,600 per month. Please contact the listing agent for details.
Highlights
3922 Farmer Street
$263,000
Multi-Family
2,046 Home Sq Ft
Houston 77020
6 Beds
3 Full Baths
4,500 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
051-371-004-0015
Tax Rate
2.0924%
Taxes w/o Exemption/Yr
$5,182 / 2024
Maint Fee
No
Interior Features
Fireplace
No
Heating
Window Unit
Cooling
Window Unit(s)
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Composition
Exterior Type
Unknown
Private Pool
No
Area Pool
Maybe
Lot Description
0 Up To 1/4 Acre, Other
New Construction
No
Listing Firm
AYRE Realty Inc
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Atherton Elem (Houston) | Elementary | 3 of 10 |
| Fleming Middle | Middle | 5 of 10 |
| Wheatley High | High | 4 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.