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3217 Binz Street

Houston, TX 77004

About this property

Income producing property offering substantial depreciation tax benefits in Houston’s MacGregor super neighborhood. Consistently occupied with short-term tenants at a 5.14% cap rate. This completely renovated, fully furnished 3-story home features 9 bedrooms, 9.5 bathrooms, 3 living rooms, office, game room, karaoke room, washer/dryer, and sleeps up to 18 guests. Perfect for corporate retreats, wedding parties, family reunions, or any large group. Conveniently located near local restaurants and less than 10 minutes from Texas Medical Center, downtown, 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.

About this property

Income producing property offering substantial depreciation tax benefits in Houston’s MacGregor super neighborhood. Consistently occupied with short-term tenants at a 5.14% cap rate. This completely renovated, fully furnished 3-story home features 9 bedrooms, 9.5 bathrooms, 3 living rooms, office, game room, karaoke room, washer/dryer, and sleeps up to 18 guests. Perfect for corporate retreats, wedding parties, family reunions, or any large group. Conveniently located near local restaurants and less than 10 minutes from Texas Medical Center, downtown, 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.

Features and Additional Information

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$1,200,000 Active
9 Bed(s)
10
 Baths
5,798 sqft
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Area Information

4 | Harris County | North Macgregor Oaks

$ 1,200,000
This listing is play_arrow 54.8% higher than the average in the area
$ 775,000 in the area
5,798 SqFt
This listing is play_arrow 38.0% larger than the average in the area
4,200 SqFt in the area
$ 207 $/SqFt
This listing is play_arrow 12.2% more than the average in the area
$ 185 $/SqFt in the area
73 days on site
This listing is play_arrow 23.7% above the average in the area
59 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Krista Lancton
Brokerage: CB&A, Realtors

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