IAH Investor's Dream: High-Yield Fixer-Upper. This is a prime investment opportunity in the North Houston Beltway corridor, strategically near IAH Airport (6 miles) and I-45/Beltway 8 for corporate access. The Strategy: Ideal for "House Hacking" or high-yield short-term rentals catering to corporate, flight crew, and contract workers. The unique layout offers 6 rentable units (5BR main house + separate 1BR guest suite), easily generating $3,500+ per month rental income. The Math: Purchase: $250K Renovation: $50K ARV: $370K Projected Profits: $70K. Scope of Work ($50K): Includes a new roof ($8K), modernizing the kitchen (granite, SS appliances), LVP/hardwood-style flooring, fresh paint, and awesome conversion of garage space into a separate 1BR/1BA guest suite for maximum cash flow. The existing garage offers a bonus "Man Cave" potential.
With an unbeatable location guaranteeing low vacancy, this is your chance to seize a $70K profit and secure exceptional long-term cash flow.
115 days
|
381
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23
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Zillow last checked:
Listing updated:
Listed by:
Stephen EatonTREC #0539000409-996-9999,
Eaton Real Estate Company,LLC
Source: HAR,MLS#: 29448893
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Rooms
Room types: Den, Utility Room
Primary bathroom
Features: Primary Bath: Double Sinks, Primary Bath: Separate Shower
Kitchen
Features: Kitchen Island
Heating
Natural Gas
Cooling
Electric
Appliances
Included: Disposal, Electric Range, Dishwasher
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Features
High Ceilings, Primary Bed - 1st Floor
Number of fireplaces: 1
Fireplace features: Gas, Wood Burning
Interior area
Total structure area: 2,492
Total interior livable area: 2,492 sqft
Property
Parking
Total spaces: 2
Parking features: Oversized, Workshop in Garage
Garage spaces: 2
Features
Stories: 2
Patio & porch: Patio/Deck
Lot
Size: 7,801 Square Feet
Features: Subdivided, 0 Up To 1/4 Acre
Details
Additional structures: Detached Gar Apt /Quarters, Workshop
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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