Income producing property offering substantial depreciation tax benefits in Houston’s University market area. Consistently occupied with short-term tenants at a 9.9% cap rate. This completely renovated, fully furnished home features 9 bedrooms, 9 bathrooms, 3 living rooms, game room area, lounge area, office, washer/dryer, and sleeps up to 18 guests. Designed for large groups, retreats, family getaways, or corporate travel to name a few. Conveniently located near local restaurants and less than 10 minutes from Texas Medical Center, downtown, museum district, 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 # | 12142113 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 74 |
| Listing Provided By | CB&A, Realtors | Krista Lancton |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 9 Total |
| SQ Feet | 5,952 |
| Story(s) | 2 |
| Acreage | 0.16 |
| Lot Features | Subdivision |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, None |
| Tax Annual Amount | 13107 |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | University Area |
| Community Name | Haden Terrace |
| Listing VS Median (in Haden Terrace) | |
Price: $1,300,000 low | high Med: $1,300,000 sqft: 5,952 low | high Med: 5,952 $ / sqft: $218 low | high Med: $218 On site: 74 low | high Med: 74 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | University Area |
| Community Name | Haden Terrace |
| Listing VS Median (in Haden Terrace) | |
Price: $1,300,000 low | high Med: $1,300,000 sqft: 5,952 low | high Med: 5,952 $ / sqft: $218 low | high Med: $218 On site: 74 low | high Med: 74 | |