First Come First Serve Opportunity in Houston, nestled in the sought-after Medical Center South area!

Harris County, Houston, TX, 77033
Sold
Listed at: February 28th, 2024
Price
$85,000
ARV
$195,000
Gross Margin
$110,000
Sq. Footage
1053
Type
Single-Family
Parking
Street
Year build
1955
Lot size
0.13 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

This off-market, 1,053 sq ft home has 2 beds/1 bath and sits on a well-sized 5,692 sq ft plot of land near I-610 W & MLK Blvd.

The subject property will require an investor-grade rehab throughout before hitting the market. 

With nearby access to 4 major freeways, it’s an easy commute to the Texas Medical Center, Downtown, Museum District, & NRG Stadium. 

Located in a HOT development area, this home makes for an ideal investment property, with recent comps capturing an average of 200K+ as a flip and 1,590+ monthly as a rental!

FIRST COME, FIRST SERVE. No bidding! Reach out ASAP for access! 

Comps:

  1. 5322 Chennault Road South Park, 1,010 sqft, 1955, Sold Price: $189,000, Sold Date: 02/15/24
  2. 5305 Southlea Street South Park, 1,020 sqft, 1955, Sold Price: $195,000, Sold Date: 02/22/24
  3. 7319 Eisenhower Road South, 1,250 sqft, 1947, Sold Price: $205,000, Sold Date: 09/01/23
  4. 5961 Southmont Street Southcrest, 1,350 sqft, 1949, Sold Price: $225,000, Sold Date: 08/29/23
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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