Income producing property offering substantial depreciation tax benefits in Houston’s University market area. Consistently occupied with short-term tenants at a 7.65% cap rate. This completely renovated, fully furnished home features 9 bedrooms, 7 bathrooms, 3 living rooms, game room area, lounge areas, washer/dryer, and sleeps up to 18 guests. Designed for large groups, multi-family stays, 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 # | 93093319 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 76 |
| Listing Provided By | CB&A, Realtors | Krista Lancton |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 4,915 |
| Garage | 1 |
| Car Port | Yes |
| Story(s) | 2 |
| Acreage | 0.16 |
| Lot Features | Subdivision, Side Yard |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Additional Parking, Attached, Driveway, Garage, Garage Door Opener, Porte Cochere |
| Tax Annual Amount | 8826 |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | University Area |
| Community Name | Southwood |
| Listing VS Median (in Southwood) | |
Price: $1,100,000 low | high Med: $244,500 sqft: 4,915 low | high Med: 1,801 $ / sqft: $224 low | high Med: $137 On site: 76 low | high Med: 113.5 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77004 |
| Area | 4 |
| Subarea | University Area |
| Community Name | Southwood |
| Listing VS Median (in Southwood) | |
Price: $1,100,000 low | high Med: $244,500 sqft: 4,915 low | high Med: 1,801 $ / sqft: $224 low | high Med: $137 On site: 76 low | high Med: 113.5 | |