5114 Grantwood Street, Houston TX, 77004
(Active)
$825,000
|
3 beds, 2 Full baths, 3,353 sqft
|
MLS# 70573407
Last Updated: 5/15/2024 6:10 PM
Description for
5114 Grantwood Street
Houston, TX 77004
Wonderful income opportunity for either an investor or an owner-occupant!! This completely renovated property includes a 3BR/2BTH home with the added bonus of 3 garage apartments with so much income potential! The main house features quartz counters, SS appliances, a huge island for entertaining, designer finishes, refrigerator & W/D included and more! Of the garage apartments at the rear of the property, 2 have been recently updated (a large studio unit up and a 2BR/1BTH unit down) and the 3rd unit is a well maintained 1BR/1BTH. Current cap rate is 9.5% and with this large lot there is additional opportunity to build more rental units! The location can't be beat - just minutes away from the University of Houston, the TX Medical Center, Reliant Stadium, Downtown & more! Whether owner-occupied, utilized as AirBnBs (NO HOA) or as long term rentals, this is the ideal place for guests to Come Stay Where They Play!
Price
$825,000
Vogel 10 Acs
Harris
3
2 Full
3,353 (approx)
70573407
Active
Description
Wonderful income opportunity for either an investor or an owner-occupant!! This completely renovated property includes a 3BR/2BTH home with the added bonus of 3 garage apartments with so much income potential! The main house features quartz counters, SS appliances, a huge island for entertaining, designer finishes, refrigerator & W/D included and more! Of the garage apartments at the rear of the property, 2 have been recently updated (a large studio unit up and a 2BR/1BTH unit down) and the 3rd unit is a well maintained 1BR/1BTH. Current cap rate is 9.5% and with this large lot there is additional opportunity to build more rental units! The location can't be beat - just minutes away from the University of Houston, the TX Medical Center, Reliant Stadium, Downtown & more! Whether owner-occupied, utilized as AirBnBs (NO HOA) or as long term rentals, this is the ideal place for guests to Come Stay Where They Play!
Listing Information
| Property Type: Multi-Family, 1 Story | ||
| 3 | 2 Full | |
| 3,353 (approx) | 1950 | 1 |
Vogel 10 Acs
Neighborhood
School Information
| District: 27 - Houston | ||
| LOCKHART ELEMENTARY SCHOOL | CULLEN MIDDLE SCHOOL (HOUSTON) | YATES HIGH SCHOOL |
Room Information
| Bathrooms | |||
| 2 | |||
Interior Features
Dishwasher, Disposal, Microwave, Range, Refrigerator
Tile, Vinyl
Central Air, Ceiling Fan(s), Window Unit(s)
Gas Heat, Electric Heating,
Central
Smoke Detector(s)
Exterior / Lot Features
Composition
Cul-De-Sac
Community Features
Smoke Detector(s)
Driving Directions
From Downtown: Take 59S to 288S - Exit Southmore - turn L. Take a L on Grantwood (just before Scott). 2nd from last home on L (street dead ends).
Financial Considerations
| 041-031-034-0180 |
| $8,942 |
Listing Price History
Houston Real Estate
Houston is located in Texas. Houston, Texas 77004 has a population of 2,384,026.
The median household income in Houston, Texas 77004 is $58,094. The median household income for the surrounding county is $66,395 compared to the national median of $66,222. The median age of people living in Houston 77004 is 35 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 2/28/2024 | Active | $825,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2022 | $8,460 USD | 17.58% | $419,870 USD | 2.28% |
| 2021 | $7,195 USD | 73.42% | $410,504 USD | -2.23% |
| 2020 | $4,149 USD | -24.59% | $419,870 USD | 93.56% |
| 2019 | $5,502 USD | -4.11% | $216,916 USD | - |
| 2018 | $5,738 USD | 0.14% | $216,916 USD | - |