About This Property

Income producing property offering substantial depreciation tax benefits in Houston’s historic community of Riverside Terrace. Consistently occupied with short-term tenants at a 7.36% cap rate. This completely renovated, fully furnished 3-story home features 9 bedrooms, 6 bathrooms, large living room, washer/dryer, above ground pool, and sleeps up to 22 guests. Perfect for gathering with family and friends. Conveniently located near local restaurants and less than 10 minutes from Texas Medical Center, downtown, museum district, 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.

Key Features

• 0.24 Acres Lot
• Built in 1956

Property Details

• Type: Single Family Home
• Year Built: 1956
• Lot Size: 0.24 sq ft
• Sq Ft: 3,747
• Price / Sq Ft: $294
• HOA: Contact Agent
• Bedrooms: 9
• Bathrooms: 6
• Feature: 0.24 Acres Lot
• Feature: Built in 1956
• Status: Active
• MLS Number: c0663c96d0346ce2123d98f06dcac315
• Days on Market: 137
• Listed By: CB&A, Realtors · Krista Lancton
• Zip Code: 77021