50
Map
3716 Farmer Street
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 28, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 28, 2025 | Listed by Happen Houston | $77,500 | |
| Listed by Happen Houston | |||
| Oct 9, 2025 | Listed by Happen Houston | $99,000 | |
| Listed by Happen Houston | |||
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Prime opportunity in East Downtown! This 5,289-square-foot lot at 3716 Farmer Street is cleared and ready for new construction in one of Houston’s fastest-growing areas. Surrounded by contemporary new builds, this property offers an ideal setting for a custom home or small-scale development project. Enjoy unbeatable proximity to neighborhood favorites like Tout Suite Café, Brothers Taco House, and Koffeteria, plus entertainment and dining at Pitch 25, East River 9, Lustre Pearl, and Chapman & Kirby. Local recreation abounds with Settegast Park and the EaDo Dog Park nearby, while Shell Energy Stadium, Discovery Green, and Downtown Houston are just minutes away. A standout location for builders or buyers looking to invest in EaDo’s vibrant urban lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017