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.
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Foster Elementary School
Public PreK-5 • Assigned • 0.4mi
3/10
Cullen Middle School
Public 6-8 • Assigned • 0.3mi
4/10
Yates High School
Public 9-12 • Assigned • 2.6mi
5/10
Provided by GreatSchools
About Greater Ost-South
Union
Greater Ost-South Union, located between OST and South Union, is a residential and institutional Houston neighborhood with mid-century brick homes and broad, tree-lined streets. The neighborhood’s character concentrates around the University of Houston campus edge near Calhoun Rd and Wheeler Ave, where student-foot-traffic, coffee counters, and campus venues set the daily rhythm. Architectural lines lean ranch-style and postwar infill, with deep setbacks and long driveways. University of Houston’s Cullen Performance Hall and the Blaffer Art Museum act as cultural anchors, while TDECU Stadium brings game-day energy. Green breaks appear at nearby MacGregor Park, and METRORail access at Palm Center Transit Center links the area to Downtown.
Provided by Walk Score and Local Logic
Market insights
3938 Faulkner St · $140,000
DAYS ON MARKET
7 days
The average home goes pending in 60 days.
SALE-TO-LIST
97.1%
Most homes are selling 3% below list price.
LIST PRICE
$140,000
Median list price in this area is $319,780. (128% higher than this home)
PRICE DROP
0 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Bedrooms
3 bedrooms, all on the first floor
Bathrooms
2 full bathrooms
Heating & cooling
Central gas heating
Exterior features
Fenced backyard
Private yard
Parking
Attached garage
Construction
Brick construction
Built in 1950
Composition roof
Slab foundation
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 109° expected this year, 24 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Houston, TX • 77021
Average low and high temperatures (°F)
62
46
72
54
80
61
82
68
86
71
91
78
94
78
93
79
91
74
86
69
78
61
70
54
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Houston. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3938 Faulkner St
$138,230
$1,770 under list price of $140K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $115K to $310K.