Homes for Sale/Harris County/Houston/Southern Terrace R/P
Active MLS #18415320 · 2 days on market

3938 Faulkner Street

Houston, TX 77021
Subdivision  ·  Southern Terrace R/P
List Price
$140,000
$90/SF
Beds
3
Baths
2
Sq Ft
1,551
Built
1950
Lot
5,721 sf
County
Harris
Tax Rate
2.11%

Schools

§ 03
District
Elementary FOSTER EL C
Middle CULLEN MIDDLE C
High YATES H S CCMR 73% · Grad 81% B
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

Investor Special! Excellent opportunity to renovate, rebuild, or add value in an established Houston neighborhood. Situated on a 5,721 SF lot, this one-story, 1,551 SF home features 3 bedrooms and 2 bathrooms with a large backyard offering plenty of space for future improvements or outdoor amenities. Ideal for investors, builders, or buyers seeking their next value-add project. Property is being sold AS-IS, WHERE-IS, with no repairs to be made by the seller. No interior access available. Priced for a quick sale and presents outstanding potential for renovation, redevelopment, or long-term investment.

Features

§ 02

Interior

  • All Bedrooms Down
  • Heat: Central
  • Heat: Gas
  • Cool: None

Exterior & lot

  • Fence
  • Private Yard
  • Subdivision
  • Back Yard
  • Roof: Composition
  • Foundation: Slab
  • Attached
  • Garage

Community

  • Style: Traditional

Property Details

§ 03 · Full MLS record

Property

Property Type Residential
Property Sub Type Detached
Architectural Style Traditional
Year Built 1950
Year Built Source PublicRecords
New Construction No

Building

Stories 1
Levels One
Living Area 1,551 sq ft
Living Area Source Appraiser
Building Area Total 1,551 sq ft
Foundation Slab
Construction Brick
Roof Composition

Rooms & Baths

Bedrooms 3
Bathrooms (total) 2
Bathrooms Full 2
Bathrooms Half 0
Rooms Total 3

Interior

Interior Features All Bedrooms Down

Exterior

Exterior Features Fence, Private Yard
Fencing Back Yard
Pool Private No

Parking & Garage

Attached Garage Yes
Parking Features Attached, Garage

Lot

Lot Size (sq ft) 5,721
Lot Size (acres) 0.1313
Lot Size Source Appraiser
Lot Features Subdivision

Location

County Harris
MLS Area Major 4
MLS Area Minor University Area
Subdivision Southern Terrace R/P
Road Surface Asphalt
Postal Code 77021

Utilities

Heating Central, Gas
Cooling None
Water Source Public
Sewer Public Sewer

Taxes, Terms & Disclosures

Tax Annual Amount $2,950 <small style="color:#6b7280">· from 2025 county roll</small>
Tax Year 2025 (county roll)
Tax Rate (est.) 2.11%
Parcel # 070-081-003-0010
Legal Description LT 10 BLK 3 SOUTHERN TERRACE R/P
Listing Terms Cash
Lease Considered No

Room Layout

§ 04 · 3 rooms · MLS-supplied

Main level · 3

Primary Bedroom 14x16
Bedroom 12x14
Bedroom 12x12

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate — Resolved MUD jurisdiction not mapped Match confidence —

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$1,087
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$841 Property tax$246 Homeowners insuranceTBD
Subtotal (P&I + Tax) $1,087

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
2.1252%
ALL 8 TAXING DISTRICTS · 2025 BILL
202320242025
MUD
—
→ stable
School
0.88%
→ stable
City
—
→ stable
County
0.38%
→ stable
Other districts
0.87%
→ stable

HOA & Community

§ 05
● HOA details
—
ANNUAL
Association name— Management co.— Website— Phone— Cert on filepending
● Community amenities
place_of_worship
New Solid Rock Missionary Baptist Church · 0.1mi
New Testament Missionary Baptist Church · 0.3mi
Saint John Missionary Baptist Church · 0.3mi
restaurant
Popeyes · 0.2mi
Golden Chick · 0.5mi
McDonald's · 0.7mi
daycare
Foster Headstart Center · 0.2mi
Rise School of Houston · 1.8mi
Houston Texans YMCA · 1.7mi
park
Yellowstone Park · 0.3mi
· 0.3mi
· 0.3mi
gas_station
Mobil · 0.5mi
Valero · 0.5mi
Citgo · 0.6mi
grocery
24 Seven · 0.5mi
ALDI · 0.9mi
OST Food Store · 1.0mi

Broadband & Connectivity

§ 06 · Rolled up from MLS
● Max advertised speed at this address
5,000 Mbps
Fiber available · cable ok
Fiber to the Premises
AT&T
5,000 / 5,000 Mbps
● LOW LATENCY
Coaxial Cable
Xfinity
2,000 / 250 Mbps
● LOW LATENCY
Licensed Fixed Wireless
Verizon
300 / 20 Mbps
● LOW LATENCY
NGSO Satellite
Starlink
280 / 30 Mbps
● LOW LATENCY
Copper
AT&T
100 / 20 Mbps
● LOW LATENCY
Licensed Fixed Wireless
T-Mobile
100 / 20 Mbps
● LOW LATENCY
GSO Satellite
Viasat Inc
100 / 3 Mbps
Licensed Fixed Wireless
AT&T
100 / 20 Mbps
● LOW LATENCY
+ 1 additional provider(s)

Environmental Risk

§ 08
X
FEMA Zone
Zone X · Minimal risk
Outside 100-year and 500-year floodplains. No flood insurance required by lender.
PANEL 48201C SFHA NO SOURCE 48201C_STUDY1
🌡 Heat days >95°F
54 days/yr above 95°F
Plus 8 days above 100°F. NOAA station records, 2016-2025 average.
💨 30-day air quality
AQI 48 · Good
Average daily AQI for the 30 days ending 2026-04-01. EPA AQS county monitors. Higher = worse.
🌵 Drought (current)
D1 · Moderate
US Drought Monitor county reading, week of 2026-10-27.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Nov 2, 2026.

Recent Comparable Sales

§ 09
1 comparable sale nearbyAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Southern Terrace R/P
TIER: SUBDIVISION
Subdivision name (MLS)Southern Terrace R/P City · ZIPHouston · 77021 CountyHarris Listings in subdivision64 Active now2 Sold (last 12 mo)2 Curated amenities60
● Year-built distribution
No build-year dataWill populate from the parcel roll.

Fire Protection

§ 11
Nearest station
Houston Fire Department Station 46
Distance
0.2 mi
Straight-line from listing
ISO rating
—
Future data point
Avg. response
—
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48201313600 · ACS 2023
Median HH income
$28,961
ACS 2023
Median home value
$162,600
Census self-report
Owner-occupied
40%
1,804 housing units
Bachelor's+
7%
Adults 25+
Median age
31.6
Population 4,373
Work from home
13%
of commuters
Commute 45min+
14%
of commuters
Below poverty
44.3%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
3938 Faulkner Street, Houston, TX 77021
Harris County · 29.69°N, 95.36°W
place_of_worship
New Solid Rock Missionary Baptist Church
0.1 mi · 6 within 2 mi
restaurant
Popeyes
0.2 mi · 2 within 2 mi
daycare
Foster Headstart Center
0.2 mi · 1 within 2 mi
park
Yellowstone Park
0.3 mi · 6 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Oct 31, 2026 Listed $140,000 Sepi Akhavi
Dec 31, 1949 Built —
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Sepi Akhavi · Keller Williams Memorial
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Nov 1, 2026.
MLS# 18415320 · LIST DATE: Oct 31, 2026 · PARCEL: 070-081-003-0010
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Nov 2, 2026, 4:15 PM CST. Properties may subsequently be sold or off-market. Equal Housing Opportunity