Income producing property offering substantial depreciation tax benefits in Houston’s historic community of Riverside Terrace. Consistently occupied with short-term tenants at a 7.36% cap rate. This completely renovated, fully furnished 3-story home features 9 bedrooms, 6 bathrooms, large living room, washer/dryer, above ground pool, and sleeps up to 22 guests. Perfect for gathering with family and friends. 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 # | 33789711 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 76 |
| Listing Provided By | CB&A, Realtors | Krista Lancton |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,747 |
| Pool | Yes |
| Story(s) | 3 |
| Acreage | 0.24 |
| Lot Features | Subdivision, Backs To Greenbelt Park, Side Yard |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Electric Gate, None |
| Tax Annual Amount | 10718 |
|---|
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77021 |
| Area | 4 |
| Subarea | Riverside |
| Community Name | Riverside Terrace |
| Listing VS Median (in Riverside Terrace) | |
Price: $1,100,000 low | high Med: $599,000 sqft: 3,747 low | high Med: 2,784 $ / sqft: $294 low | high Med: $215 On site: 76 low | high Med: 36 | |
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77021 |
| Area | 4 |
| Subarea | Riverside |
| Community Name | Riverside Terrace |
| Listing VS Median (in Riverside Terrace) | |
Price: $1,100,000 low | high Med: $599,000 sqft: 3,747 low | high Med: 2,784 $ / sqft: $294 low | high Med: $215 On site: 76 low | high Med: 36 | |