Income producing property offering substantial depreciation tax benefits in Houston’s historic community of Riverside. Consistently occupied with short-term tenants at a 7.5% cap rate. This completely renovated, fully furnished home features 8 bedrooms, 8 bathrooms, oversized living room, game room, two staircases, washer/dryer, and sleeps up to 16 guests. Enjoy peace of mind with a fully fenced yard and driveway gate that opens to a gravel parking area for multiple vehicles. Conveniently located near local restaurants and less than 10 minutes from Texas Medical Center, downtown, sports stadiums, and major universities. This turnkey property is a great choice for both new and seasoned investors looking to combine income generation with tax efficiency.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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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