811 E 23rd Street

Houston, TX 77009

About this property

Amazing and unrivaled opportunity consisting of 10,061 sq ft of land that consists of 3 replatted lots, and 4 total small homes. All homes are income producing, except 1 which was remodeled and rebuilt with a high end luxury finish, perfect for a young professional or office space. Potential of total combined income of $8k, or higher with AirBnb. Currently leased for $1900, $1650, and $1250, with the vacant and higher end 2/2 home able to lease for up to $3k. Great opportunity for a buyer that sees the long term value in the Heights, but doesn't just want land that won't produce. These assets will produce for you while you wait for your long term vision to develop. 811 is a 1 bedroom 1 bath home, 813 is a 2 bed 2 bath home, and 815 consists of 2 tiny homes which are studios with a full bathroom and utility area. 813 is currently about 90% finished.

About this property

Amazing and unrivaled opportunity consisting of 10,061 sq ft of land that consists of 3 replatted lots, and 4 total small homes. All homes are income producing, except 1 which was remodeled and rebuilt with a high end luxury finish, perfect for a young professional or office space. Potential of total combined income of $8k, or higher with AirBnb. Currently leased for $1900, $1650, and $1250, with the vacant and higher end 2/2 home able to lease for up to $3k. Great opportunity for a buyer that sees the long term value in the Heights, but doesn't just want land that won't produce. These assets will produce for you while you wait for your long term vision to develop. 811 is a 1 bedroom 1 bath home, 813 is a 2 bed 2 bath home, and 815 consists of 2 tiny homes which are studios with a full bathroom and utility area. 813 is currently about 90% finished.

Features and Additional Information

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$990,000 Active
5 Bed(s)
5
Baths
3,067 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Compean Group
1-832-777-3904
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Area Information

9 | Harris County | Magnola Manor/20 Third Street

$ 990,000
This listing is play_arrow 0.0% lower than the average in the area
$ 990,000 in the area
3,067 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
3,067 SqFt in the area
$ 323 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 323 $/SqFt in the area
143 days on site
This listing is play_arrow 4.7% below the average in the area
150 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Evan Compean
Brokerage: Compean Group

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