IAH Investor's Dream: High-Yield Fixer-Upper. This is a prime investment opportunity in the North Houston Beltway corridor, strategically near IAH Airport (6 miles) and I-45/Beltway 8 for corporate access. The Strategy: Ideal for "House Hacking" or high-yield short-term rentals catering to corporate, flight crew, and contract workers. The unique layout offers 6 rentable units (5BR main house + separate 1BR guest suite), easily generating $3,500+ per month rental income. The Math: Purchase: $250K Renovation: $50K ARV: $370K Projected Profits: $70K. Scope of Work ($50K): Includes a new roof ($8K), modernizing the kitchen (granite, SS appliances), LVP/hardwood-style flooring, fresh paint, and awesome conversion of garage space into a separate 1BR/1BA guest suite for maximum cash flow. The existing garage offers a bonus "Man Cave" potential. With an unbeatable location guaranteeing low vacancy, this is your chance to seize a $70K profit and secure exceptional long-term cash flow.
| MLS # | 29448893 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $555 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 167 |
| Listing Provided By | Eaton Real Estate Company,LLC | Stephen Eaton |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,492 |
| Garage | 2 |
| Story(s) | 2 |
| Acreage | 0.18 |
| Lot Features | Subdivision |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Oversized, Workshop In Garage |
| Tax Annual Amount | 6571 |
|---|
| Community Features | Community Pool |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77066 |
| Area | 13 |
| Subarea | 1960 | Cypress Creek South |
| Community Name | Cutten Green Sec 01 |
| Listing VS Median (in Cutten Green Sec 01) | |
Price: $250,000 low | high Med: $250,000 sqft: 2,492 low | high Med: 2,492 $ / sqft: $100 low | high Med: $100 On site: 167 low | high Med: 167 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77066 |
| Area | 13 |
| Subarea | 1960 | Cypress Creek South |
| Community Name | Cutten Green Sec 01 |
| Listing VS Median (in Cutten Green Sec 01) | |
Price: $250,000 low | high Med: $250,000 sqft: 2,492 low | high Med: 2,492 $ / sqft: $100 low | high Med: $100 On site: 167 low | high Med: 167 | |