Off Market Flip or Rental Property in North Houston ⭐

Harris County, Houston, TX, 77037
Sold
Listed at: January 29th, 2024
Price
$125,000
ARV
$233,000
Gross Margin
$108,000
Sq. Footage
1520
Type
Single-Family
Parking
Carport
Year build
1962
Lot size
12600.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
Summary

⭐New Flip or Rental Property Alert⭐

🏠Off Market Property in North Houston🏠


Description

Great OFF MARKET flip or rental property in North Houston just off the Hardy Toll Rd. This property is on two platted lots with separate utilities and water. The home is a 3 bedroom and 1 and a half bath. The other lot has a large workroom with a 1/2 bath inside as well (this is another 1/2 bath). It could be updated into another living space on the property. The property flooded during Hurricane Harvey but it was remediated at that time. They were slowing renovating the property with contractors as they could but have stopped due to the owners change in health condition. They recently replaced the roof less than 2 years ago and updated part of the kitchen. The original garage was converted into another bedroom previously to their ownership. The rest of the home will need updating to get it back up to market standards. Property is currently owner occupied.

Property Details

County - Harris

Area - North Houston

Property Type -  Single Family

Construction Type -  Ranch Style

School District -  Houston ISD

Built - 1962

Ownership Since - 1993

HVAC - Window Units 

Roof - New Roof

Foundation: No Known Issues

Flood Zone - Located in the 100 Year Floodplain

Access - Owner Occupied

Issues- Property will need a full rehab to get full market value.


Interior Information

# of Bedrooms: 3

# of Full Baths: 1

# of 1/2 Baths: 1

Heating & Cooling

Air Conditioning Type: Window Units

Heating Type: Window Units

Fireplace Information

# of Fireplaces: 0

Exterior Information

Physical Condition: Good

Foundation Type: Slab

Exterior Wall: Brick and Siding

Roof Shape Type: Gable

Building Type: Single Family

Pool: No

Property Information

Subdivision Name: Melrose Park

Living Sq. Ft: 1,520

# of Stories: 1

Parking & Garage Information

Parking Type: Carport

Lot Information

# of Buildings: 1

Land Sq. Ft: 12,600

Utility Information

Electricity / Wiring Type: Available 

Water Service Type: Public Available

We have scheduled a one time one hour showing on Thursday 2/1/2023.

Please text or email Sal for more information

This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Sal Maida

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