10114 Papalote Street, Houston TX, 77041
(Active)
$395,000
|
9 beds, 4 Full baths, 5,621 sqft
|
MLS# 78287018
Last Updated: 5/1/2024 1:13 PM
Description for
10114 Papalote Street
Houston, TX 77041
A Rare & Exceptional Residential or Commercial Investment Opportunity at an amazingly low price of $70 per Sq Ft! This tremendous property features 5621 Sq Ft, 9 Bedrooms, 4 Bathrooms, 2 kitchens, 2 dining areas, 2 family rooms, a balcony, court yard area, a pool, 2 storage sheds, a 4 car garage, on a 15k Sq Ft. Lot! Currently this property is being used as a Group Home; other potential uses are a Home Health Care Facility, a Nursing Home, Assisted Living, a Cash Flow Long Term Rental or Short Term (rooms rented daily/weekly/monthly), an AirBNB, a Motel, Apartment Complex, or a Primary Residence/Office Space. Also this property could be purchased, renovated for one of the ideal uses, then resold at a massive profit. You could also build additional structures or add tiny homes, endless value add opportunities! There is no HOA & the tax rate is just 2.2%! This property has never flooded! Excellent Location - Close to 290 & Beltway 8! This is truly an Exceptional One of a Kind Property!
Price
$395,000
Sommermeyer
Harris
9
4 Full
5,621 (approx)
78287018
Active
Description
A Rare & Exceptional Residential or Commercial Investment Opportunity at an amazingly low price of $70 per Sq Ft! This tremendous property features 5621 Sq Ft, 9 Bedrooms, 4 Bathrooms, 2 kitchens, 2 dining areas, 2 family rooms, a balcony, court yard area, a pool, 2 storage sheds, a 4 car garage, on a 15k Sq Ft. Lot! Currently this property is being used as a Group Home; other potential uses are a Home Health Care Facility, a Nursing Home, Assisted Living, a Cash Flow Long Term Rental or Short Term (rooms rented daily/weekly/monthly), an AirBNB, a Motel, Apartment Complex, or a Primary Residence/Office Space. Also this property could be purchased, renovated for one of the ideal uses, then resold at a massive profit. You could also build additional structures or add tiny homes, endless value add opportunities! There is no HOA & the tax rate is just 2.2%! This property has never flooded! Excellent Location - Close to 290 & Beltway 8! This is truly an Exceptional One of a Kind Property!
Listing Information
| Property Type: Single Family, 2 Story | ||
| 9 | 4 Full | |
| 14 | 0.34 Acres | 5,621 (approx) |
| 1960 | Yes-4 spaces | 2 |
Sommermeyer
Slab
Public
Public Sewer
Neighborhood
School Information
| District: 13 - Cypress-Fairbanks | ||
| KIRK ELEMENTARY SCHOOL | TRUITT MIDDLE SCHOOL | CYPRESS RIDGE HIGH SCHOOL |
Room Information
| Bathrooms | |||
| 4 | |||
Interior Features
Dishwasher, Disposal
Central Air
Gas Heat,
Central
1
Exterior / Lot Features
4 Garage Spaces,
Attached
Tile
InGround
In Ground
Driving Directions
South of Hempstead Hwy on Gessner. Cross the railroad tracks and Papalote will be the next street. Turn left onto Papalote and the property will be on the right.
Financial Considerations
| 079-081-003-0018 |
| $5,945 |
Listing Price History
Houston Real Estate
Houston is located in Texas. Houston, Texas 77041 has a population of 2,384,026.
The median household income in Houston, Texas 77041 is $88,734. 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 77041 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 |
|---|---|---|---|
| 4/18/2024 | Active | $395,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2019 | $4,775 USD | -3.92% | $267,699 USD | 49.24% |
| 2018 | $4,970 USD | 0.12% | $179,374 USD | - |
| 2017 | $4,964 USD | -0.08% | $179,374 USD | - |
| 2016 | $4,968 USD | -0.54% | $179,374 USD | - |
| 2015 | $4,995 USD | -1.98% | $179,374 USD | - |