Off-Market Opportunity nestled near the heart of Houston's Medical Center area!

Harris County, Houston, TX, 77021
Sold
Listed at: February 26th, 2024
Price
$129,000
ARV
$235,000
Gross Margin
$106,000
Sq. Footage
1336
Type
Single-Family
Parking
Carport
Year build
1950
Lot size
0.15 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Perfect for any investor looking to capitalize on over 100K of spread between purchase and ARV. 

Pending comparable sales directly in our pocket are poised to elevate the value even higher once closed.

Landlords looking for an amazing turnkey situation with instant equity are in luck. This property offers immediate cash flow as it is rented for 1,400 MTM. Tenant will remain in place at closing but you have the choice to give a 30-day notice, update the property, and increase rent to the current market rate of 1,850 per month.

Flippers can enjoy low days on market and an incredibly simple renovation for a big payday.

Reach out today for additional details!

Sold Comps:

  1. 6810 Calhoun Road, 3/2 - Sold for 219,900 on 01/09/24
  2. 6721 Goforth Street, 3/2 - Sold for 225,000 on 02/21/24
  3. 5226 Browncroft Street, 3/2 - Sold for 227,000 on 08/11/23

Pending Comps:

  1. 4922 Enyart Street, 3/2 - Sold for 227,900 
  2. 4927 Kelso Street, 3/2 - Sold for 289,000 

Rental Comps:

  1. 4602 Ward Street, 3/2 - Leased for 1,800 on 09/15/23
  2. 7004 Conley Street, 3/2 - Leased for 1,850 on 10/27/23
  3. 5127 Keystone Street, 4/2 - Leased for 1,855 on 01/02/24
Notices and Disclosures 1. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY: Any estimates or information provided are for real estate investors’ convenience, who must verify all estimated numbers independently. ANY information regarding specifications, characteristics, or condition of this property, neighborhood, or investment strategy (including, but not limited to, as-is property square footage measurements or as implied by property expansion through construction) is an unverified assumption of the broker or its affiliates based on limited information and should be verified independently for accuracy. Broker and its affiliates assume no liability, either expressed or implied, for the accuracy of any estimates or information provided. 2. DO NOT ENTER PROPERTY WITHOUT BROKER OR AGENT: Broker and its affiliates do not give authority, either expressed or implied, to the recipient of this information to enter this property. A property inspection may be obtained by scheduling an inspection with an authorized broker or agent. 3. NON-REPRESENTATION: Broker and its affiliates do NOT represent the recipient of this information. 4. RISK OF LOSS: Real estate investment is speculative in nature and risk of loss can be substantial. The recipient of this information should carefully consider whether such investing is suitable for them.
Documents
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Amanda. G

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