DESCRIPTION

Nestled in the heart of Houston, this prime real estate gem stands out for its unparalleled location, strategically positioned in a thriving neighborhood that is currently undergoing a transformative wave of new construction. The area's surge in development not only underscores its economic vitality but also sets the stage for long-term appreciation, making it an enticing prospect for investors seeking robust returns. Positioned in a primetime locale, the property is not just about bricks and mortar but also taps into the burgeoning pulse of a city on the rise. With the surrounding landscape witnessing a boom in modern infrastructure and amenities, the investment potential is further heightened. Seize the opportunity to be part of a community in the midst of an urban renaissance, where the combination of land value, strategic location, and ongoing development make this property a beacon for those looking to secure a stake in Houston's dynamic real estate landscape.

PROPERTY DETAILS 

-4/2 1392 sqft

-Previous Tenant rented for $1500 a month. Vacant since december

-No Issues with electrical

-No issues with plumbing

- roof age is unknown, no leaks or known issues

-Foundation issues. Back left side sloped causing damage to drywall in multiple rooms

-HVAC 1 year old

- Needs Cosmetic Updating

-EASY ACCESS WITH LOCKBOX

-CLOSING DATE ON OR BEFORE 2/26/2024 WITH CAPITAL TITLE OF TEXAS. SELLER WANTS CLOSE TO BE ASAP

-$5k EMD non refundable unless there is no transferable title

REMODELED COMPS IN SAME NEIGHBORHOOD WITHIN 6 MONTHS

7214 England St, Houston, TX 77021

3/2 1670 sq ft Last Listed at $295,000 sold on 11/01/2023

ppsqft = 176.6

REDFIN LINK

3914 Faulkner St, Houston, TX 77021

3/1 1069 sq ft Last listed at $230,000 on 7/31/2023

ppsqft = 215.15

REDFIN LINK