Rental square footage is 5400 SqFt. Current rent roll is $6,500.00 monthly. Laundry and utility income is $1,000.00 monthly on average. Annual income on average is $ 90,000.00. Exceptional income-producing property located just minutes from Highway 290 in rapidly growing Prairie View. This four-unit property offers immediate cash flow with strong rental demand driven by nearby Prairie View A&M University and continued area development. Each unit is well-positioned for consistent occupancy. Ideal workforce rentals, or long-term tenants. Additional SqFt upstairs. Strategically located near US-290, offering quick access to Houston while still benefiting from the quieter, high-demand rental market of Prairie View. Property Highlights: 4 income-producing units possible expansion of two more. Gross income $7,500 monthly which includes utilities Close to Prairie View A&M University Easy access to Highway 290
| MLS # | 85926474 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2014 |
| Days On Site | 151 |
| Listing Provided By | Coldwell Banker Properties | Colt Haack |
| SQ Feet | 3,808 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Acreage | 18757.00 |
| Lot Features | Cleared |
|---|
| Tax Annual Amount | 12988 |
|---|
| State | TX |
|---|---|
| County | Waller |
| City | Prairie View |
| Zip Code | 77445 |
| Area | 26 |
| Subarea | Waller |
| Community Name | Judith Daniels Lot 1 |
| Listing VS Median (in Judith Daniels Lot 1) | |
Price: $650,000 low | high Med: $650,000 sqft: 3,808 low | high Med: 3,808 $ / sqft: $171 low | high Med: $171 On site: 151 low | high Med: 151 | |
| State | TX |
|---|---|
| County | Waller |
| City | Prairie View |
| Zip Code | 77445 |
| Area | 26 |
| Subarea | Waller |
| Community Name | Judith Daniels Lot 1 |
| Listing VS Median (in Judith Daniels Lot 1) | |
Price: $650,000 low | high Med: $650,000 sqft: 3,808 low | high Med: 3,808 $ / sqft: $171 low | high Med: $171 On site: 151 low | high Med: 151 | |