3516 Southmore Boulevard

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 5.04% cap rate. This completely renovated, fully furnished home features 9 bedrooms, 9 bathrooms, 3 living rooms, large dining area, washer/dryer, above ground pool, and sleeps up to 21 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 5.04% cap rate. This completely renovated, fully furnished home features 9 bedrooms, 9 bathrooms, 3 living rooms, large dining area, washer/dryer, above ground pool, and sleeps up to 21 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)
9
Baths
5,548 sqft

Presented By Coldwell Banker Commercial Gateway

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Area Information

4 | Harris County | Oakmere

$ 1,200,000
This listing is play_arrow 98.8% higher than the average in the area
$ 603,500 in the area
5,548 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
5,548 SqFt in the area
$ 216 $/SqFt
This listing is play_arrow 98.8% more than the average in the area
$ 109 $/SqFt in the area
73 days on site
This listing is play_arrow 2.1% above the average in the area
72 days on site in the area

Schools in the Area

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Listed By Krista Lancton
Brokerage: CB&A, Realtors

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