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3511 Dreyfus Street

Houston, TX 77021

View on Zillow
4 beds1 baths1,378 sqftBuilt 1950
$158,000
Purchase price
Entry fee
$18,200
Interest rate
2.75%
Monthly payment
$1,229

About this deal

CASHFLOWING SUBTO โ€” Houston, TX
๐Ÿก 4 bed / 1 bath single-family home (1,378 sqft)
๐Ÿ“ Houston, TX 77021 (South Union)
๐Ÿ’ต Entry Fee: $18,200.00 + CC + TC (Includes wholesale)

Property Terms:
ARV: $215,000.00
Total Acquisition Price: $157,749.04 (Loan Balance + Entry Fee)
Existing Loan: $139,549.04 (FHA Loan)
Interest Rate: 2.75% FIXED! ๐Ÿ”ฅ
PITI: $1,228.88
Estimated Market Rent: $1,573.00

Highlights: ๐Ÿ”ฅ
NO BALLOON
+$2,350.40 Escrow Balance Transfer โ€” free capital already in the tax/insurance account transfers directly to the buyer! ๐Ÿ’ฅ
Loan Status: 100% clean and current (no arrears, no lates)
Lead-Based Paint Disclosure: Ready (1950 Build)
Recent CapEx: New roof (under 5 years old), new post-hurricane fence, new flooring, and updated plumbing lines
Light Rehab: Cosmetic updates needed to unlock full rental potential or $215K ARV flip (paint, minor bath refresh)
Location: High-demand South Union neighborhood with quick access to Medical Center, Downtown Houston, and major universities (UH & TSU) ๐Ÿ›

Location