3938 King St

6,300 Sq. Ft.
$117 / Sq. Ft.
6,300
Sq. Ft.
$117
per Sq. Ft.

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:
...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.
  1. Listed by Vijaianand Thirunageswaram • TREC #0612107 • Brokerage DRE #9006744 • Om Realty Group
    P: (281)-978-2242 C: (281)-912-3212 vijai@omrealtygrouptx.com

Property Details for 3938 King Street

Subdivision Name
Wilshire Place
LISTING UPDATED: 04/13/2026 12:37 PM

Property Details for 3938 King Street

StatusActive
MLS #84351666
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1948
Lot Size-
CountyHarris County

Location

Listing Courtesy of Om Realty Group, Vijaianand Thirunageswaram, TREC #0612107
Add your commute

Building Information for 3938 King Street

Stories1Residences7Year Built1948Building Size-Lot Size-

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,064 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,688

Property Taxes

$376

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 3938 King Street

Summary
Location and General Information
  • 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
  • MLS Area Major: 2
  • MLS Area Minor: Northside
  • Unparsed Address: 3938 King Street
Taxes and HOA
  • Tax Legal Description: LT 269 BLK 9 Wilshire Place
School Information
  • Elementary School: KASHMERE GARDENS ELEMENTARY SCHOOL
  • Elementary School District: 27 - Houston
  • High School: KASHMERE HIGH SCHOOL
  • Middle Or Junior School: KEY MIDDLE SCHOOL
Property
Lot Information
  • Living Area: 6300.0
  • Living Area Source: Appraiser
  • Lot Size Units: SquareFeet
Property and Assessments
  • Disclosures: None, Other
  • New Construction YN: No
  • Parcel Number: 067-075-009-0269
  • Property Sub Type: MultiFamily
  • Property Type: Multi-Family, ResidentialIncome
  • Public Survey Section: NA
  • Year Built Source: PublicRecords
Interior and Exterior Features
Exterior Features
  • Pool Area: No
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Heating: Central, Electric
  • Heating YN: Yes
  • Levels: One
  • Stories: 1
Room Information
Room Information
  • Human Modified YN: Yes
Multi Family
Income & Expenses
  • Operating Expense Includes: Advertising, Maintenance, ProfessionalManagement
Multi Family Information
  • Number Of Units Total: 7

Property History for 3938 King Street

DateEvent & SourcePriceAppreciation
Apr 13, 2026

Listed (Active)

HARMLS #84351666

$740,000
Apr 13, 2026

Terminated

HARMLS #36833217

$760,000
Mar 3, 2026

Terminated

HARMLS #38076416

$760,000
DateEvent & SourcePrice
04/13/2026

Listed (Active)

HARMLS #84351666

$740,000
04/13/2026

Terminated

HARMLS #36833217

$760,000
03/03/2026

Terminated

HARMLS #38076416

$760,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3938 King Street

Taxable ValueLand$52,119Additions$188,481Total$240,600
Tax Record2024$4,507 ($376 / month)
Home Facts
Beds2Baths2Total Finished SqFt792 SqFtAbove Grade Finished SqFt792 SqFtStories1Lot Size8,359 SqFtStyleSingle Family ResidenceYear Built1948CountyHARRISAPN0670750090269

Schools near 3938 King Street

This home is within Houston Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Kashmere Gardens Elementary School
PublicPK to 5

Key Middle School
Public6 to 8

Kashmere High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

3938 King Street is a multi-family home for sale in Houston, TX 77026. This property was listed for sale on April 13, 2026 by Om Realty Group, it's currently listed at $740,000. This listing's school district is Houston Independent School District. Nearby schools include Kashmere Gardens Elementary School, Key Middle School and Kashmere High School. 3938 King Street is a 2-bed, 1-bath, 6,300 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Om Realty Group, Vijaianand Thirunageswaram, TREC #0612107

Copyright © 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.