Description
Fully occupied! Income-producing Duplex conveniently located near Hobby Airport, I-45 and Loop 610. Built in 2004, the property includes two 1,065-square-foot units, each offering 2 bedrooms and 1.5 bathrooms. Both units are currently leased and generating cash flow, with tenants responsible for their own utilities. The manageable two-unit configuration provides straightforward operations for investors, with potential for future rent growth based on lease timing, property condition and market conditions. Documented roof maintenance was completed in 2019, including new underlayment, resealing, vent replacement and localized repairs. No flooding during Hurricane Harvey or other storms. NO HOA! Well-suited for a long-term hold or 1031 exchange.
Details
| MLS # | 51678229 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2004 |
| Days On Site | 46 |
| Listing Provided By | Rasha Realty, LLC | Terin Varghese |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 2,130 |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 6600.00 |
Exterior
| Lot Features | Subdivision |
|---|
Taxes
| Tax Annual Amount | 6926 |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77087 |
| Area | 3 |
| Subarea | Hobby Area |
| Community Name | Andover Place |
| Listing VS Median (in Andover Place) | |
Price: $350,000 low | high Med: $262,500 sqft: 2,130 low | high Med: 1,646 $ / sqft: $164 low | high Med: $158 On site: 46 low | high Med: 87.5 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77087 |
| Area | 3 |
| Subarea | Hobby Area |
| Community Name | Andover Place |
| Listing VS Median (in Andover Place) | |
Price: $350,000 low | high Med: $262,500 sqft: 2,130 low | high Med: 1,646 $ / sqft: $164 low | high Med: $158 On site: 46 low | high Med: 87.5 | |
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Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
