Income producing property offering substantial depreciation tax benefits in the booming neighborhood of Washington Terrace. This area has shown double digit percentage growth and strong rental demand over the past year. This completely renovated, fully furnished home features 8 bedrooms, 8 bathrooms, office, two living rooms, washer/dryer, and sleeps up to 23 guests. It is consistently occupied with short-term tenants. Fully fenced yard with long driveway for multiple vehicles plus an above ground pool to beat the Houston heat. Conveniently located within a few blocks of local restaurants and less than 10 minutes from Texas Medical Center, downtown, sports stadiums, and major universities. This turnkey property is a great choice for both new and seasoned investors looking to combine income generation with tax efficiency.
| MLS # | 79759301 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 76 |
| Listing Provided By | CB&A, Realtors | Krista Lancton |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 3,474 |
| Pool | Yes |
| Story(s) | 2 |
| Acreage | 0.13 |
| Lot Features | Subdivision |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Electric Gate, None |
| Tax Annual Amount | 14276 |
|---|
| Community Features | Curbs |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | University Area |
| Community Name | Washington Terrace |
| Listing VS Median (in Washington Terrace) | |
Price: $900,000 low | high Med: $115,750 sqft: 3,474 low | high Med: 2,594 $ / sqft: $259 low | high Med: $68 On site: 76 low | high Med: 94.5 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | University Area |
| Community Name | Washington Terrace |
| Listing VS Median (in Washington Terrace) | |
Price: $900,000 low | high Med: $115,750 sqft: 3,474 low | high Med: 2,594 $ / sqft: $259 low | high Med: $68 On site: 76 low | high Med: 94.5 | |