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Key Facts

Type Single Family Residence
Levels Residential
Size 1040 sqft
Garage No
Taxes $3,120
Days Active 32
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $181
MLS® Number 36231859

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Stabilized 12-Home SFR Portfolio | Houston, TX | $142K NOI | 5.5% Cap | Rent Growth & Market Appreciation Potential *** OPPORTUNITY ZONE *** (Seller will not sell home individually) This home was completely renovated in 2016, including new electrical, plumbing, roof, siding, exterior paint, flooring, and all interior finishes, ensuring modern construction standards and reduced long-term maintenance costs. A new driveway was added in October 2024, further enhancing functionality and curb appeal. Condition & Value-Add: The property is structurally sound and fully updated, with only a minor aesthetic opportunity—adding an additional front window for improved curb presence—which is relatively inexpensive to implement. With these updates and a lease secured through January 2026, this home offers strong income stability and minimal near-term CapEx. Perfect of institutional investors!Show Description
MLS® Number36231859
Laundry LevelElectric Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.1585
Exterior
GarageNo
Approx. Age1950
Basement
Driveway
Garage Spaces
HeatNone
A/CCeiling Fan(s), None
Heating Fuel

Extras

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