Date
Details
Price
Change
Source
6/06/2026
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$725,000 Just Listed
Property Description
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.
Full Property Details
Full Property Details for 3938 King St
General
- Price: $725,000
- Status: Active
- Type: Multi-Family
- Source: Houston
- MLS ID: 25929932
- Updated: 6/7/2026
- Added to Site: 4 day(s) ago
Interior
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Location
- Area: 2
- County: Harris
- Subdivision: Wilshire Place
- Driving Directions: Head onto I-69/US-59 N, Take exit 123 to merge onto I-610 N, Keep right at the fork to continue on I-610 E, Keep right to stay on I-610 E, Take exit 19A toward Hardy St/Jensen Dr, Merge onto N Loop E Fwy, Continue straight to stay on N Loop E Fwy, Continue onto Kelley St, Turn left onto Sayers St, Destination will be on the left
School Information
- Elem School District: 27 - Houston
- Midd School District: 27 - Houston
- High School District: 27 - Houston
- Elementary School: KASHMERE GARDENS ELEMENTARY SCHOOL
- Middle School: KEY MIDDLE SCHOOL
- High School: KASHMERE HIGH SCHOOL
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 6,300
- Sq. Ft. Source: Appraiser
- Living Area: 6,300 Sq. Ft.
- Year Built: 1948
- Year Built Source: Public Records
Disclosures and Reports
- Legal Description: LT 269 BLK 9 Wilshire Place
- Legal Disclosures: None, Other
- APN: 067-075-009-0269
- Section: NA
Listed by Om Realty Group (281) 912-3102, Vijaianand Thirunageswaram (281) 978-2242
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Listing agent
— 3938 King St —
Vijaianand Thirunageswaram
Om Realty Group
281-978-2242
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3938 King St
School District:Houston Independent School District
| Name | Grades | Distance |
|---|---|---|
Kashmere Gardens Elementary School 4901 Lockwood Drive, Houston, TX 77026 | K-5 | 1.2 mi |
Key Middle School 4000 Kelley Street, Houston, TX 77026 | 6-8 | 0.4 mi |
Kashmere High School 6900 Wileyvale Road, Houston, TX 77028 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3938 King St
Tax History
Tax History for 3938 King St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,113
37%
$240,600
12%
2023
$3,725
—
$215,400
17%
2022
$3,725
99%
$184,869
117%
2022
$1,872
-8%
$85,000
-3%
2021
$2,037
12%
$87,405
16%
2020
$1,811
20%
$75,477
21%
2019
$1,508
9%
$62,269
14%
2018
$1,385
—
$54,718
—
2017
$1,382
5%
$54,718
5%
2016
$1,316
52%
$52,062
53%
2015
$863
-1%
$34,055
—
2013
$871
—
$34,055
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3938 King St
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3938 King Street, Houston, TX 77026 (MLS# 25929932) is a Multi-Family property with 7 units containing 2 bedrooms and 1 full bathroom. 3938 King Street is currently listed for $725,000 and was received on June 06, 2026. Want to learn more about 3938 King Street? Do you have questions about finding other Multi-Family real estate for sale in Downtown Houston? You can browse all Downtown Houston real estate or contact a Coldwell Banker agent to request more information.