Off-Market Opportunity in NW Houston, nestled in the heart of the Katy-North market area!

Harris County, Houston, TX, 77084
Sold
Listed at: May 3rd, 2024
Price
$187,500
ARV
$275,000
Gross Margin
$87,500
Sq. Footage
2003
Type
Single-Family
Parking
Attached Garage
Year build
1975
Lot size
0.17 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
Summary

This spacious 2,003 sq ft home backs up to Westlake Community Park and features 4 bedrooms, 2.5 baths, an attached 2-car garage, and an expansive backyard. 

Situated in a hot market area with nearby access to I-10/Katy Freeway, the subject property will require some updates/rehab to command top-of-market value and capture high-potential returns. 

This property makes for an ideal investment property, with rental properties in our pocket capturing an average of $2,100 in monthly rent and flip comps selling for $280,000

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Comps:

  • 19306 Wood Village Ln - 3/2, 1,637 sqft, Sold for $281,000 on 10/31/23
  • 2214 Blindlake Dr - 3/2, 1,629 sqft, Sold for $280,000 on 7/24/23
  • 1915 Vernlake Cir- 3/2, 1,966 sqft, Sold for $280,000 on 8/09/23
  • 19311 Gagelake Ln - 3/2, 1,637 sqft, Sold for $275,000 on 2/05/24

Rental Comps:

  • 2110 Bentvine Dr - 3/2, 1,626 sqft, Leased for $2,213 on 11/17/23
  • 19422 Coppervine Ln - 3/2.5, 2,297 sqft, Leased for $2,100 on 4/10/24
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.
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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