Income producing property offering substantial depreciation tax benefits in Houston’s University market area. Consistently occupied with short-term tenants at a 7.6% cap rate. This completely renovated, fully furnished home features 9 bedrooms, 9 bathrooms, 3 living rooms, game room area, lounge area, office, washer/dryer, and sleeps up to 18 guests. Designed for large groups, retreats, family getaways, or corporate travel to name a few. Conveniently located near local restaurants and less than 10 minutes from Texas Medical Center, downtown, museum district, 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.
5,952 Sq Ft
7,148.196 Sq Ft Lot Size
single family home
$1,092 Monthly Tax
Built in 1952
MLS/Listing ID 12142113
2 Stories
HVAC
Walk-in Closets
Washer Hookup
Electric Dryer Hookup
Lot - Subdivided
Parking - No Garage
Parking - Driveway
Porch
Window Coverings
Insulated Windows
Dryer Included
Refrigerator Included
Washer Included
Insulated Doors
Attic Vents
1 Bedroom Down
En-Suite Bath
Primary Bedroom - 2nd Floor
Sitting Area
Composition
Public Sewer
Public Water
Disposal
Dishwasher
Style - Traditional
Construction - Cement Siding
Construction - Brick
Construction - Batts Insulation
Cooling - Electric
Cooling - Ceiling Fans
Backyard
Laminate
Slab
Pillar Post Pier
Microwave
Electric Range
Electric Oven
Heating - Electric
Thermostat
TOTAL MONTHLY COST
$0
$0
$0