Income producing property offering substantial depreciation tax benefits in Houston’s MacGregor super neighborhood. Consistently occupied with short-term tenants at a 5.14% cap rate. This completely renovated, fully furnished 3-story home features 9 bedrooms, 9.5 bathrooms, 3 living rooms, office, game room, karaoke room, washer/dryer, and sleeps up to 18 guests. Perfect for corporate retreats, wedding parties, family reunions, or any large group. Conveniently located near 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 # | 40672525 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 76 |
| Listing Provided By | CB&A, Realtors | Krista Lancton |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 10 Total |
| SQ Feet | 5,798 |
| Garage | 2 |
| Story(s) | 3 |
| Acreage | 0.15 |
| Lot Features | Subdivision |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway, Detached, Garage |
| Tax Annual Amount | 10787 |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | Riverside |
| Community Name | North Macgregor Oaks |
| Listing VS Median (in North Macgregor Oaks) | |
Price: $1,200,000 low | high Med: $775,000 sqft: 5,798 low | high Med: 4,200 $ / sqft: $207 low | high Med: $185 On site: 76 low | high Med: 62 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | Riverside |
| Community Name | North Macgregor Oaks |
| Listing VS Median (in North Macgregor Oaks) | |
Price: $1,200,000 low | high Med: $775,000 sqft: 5,798 low | high Med: 4,200 $ / sqft: $207 low | high Med: $185 On site: 76 low | high Med: 62 | |