3516 Southmore Blvd, Houston, TX 77004

$1,200,000
9
BD
9
BA
5,548
SqFt

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List Price
$1,200,000
Status
ACTIVE
MLS#
41197068
Days on Market
41
Year Built
1950
Style
Traditional
Bedrooms
9
Bathrooms
9
Full-baths
9
Living Area
5,548
Lot Size
11,423
Lot Size Source
Appraiser
Subdivision
Oakmere
Region
4
Market Area
Riverside
County
Harris

Property Description

Income producing property offering substantial depreciation tax benefits in Houston’s MacGregor super neighborhood. Consistently occupied with short-term tenants at a 4.5% cap rate. This completely renovated, fully furnished home features 9 bedrooms, 9 bathrooms, 3 living rooms, large dining area, washer/dryer, above ground pool, and sleeps up to 21 guests. Perfect for corporate retreats, wedding parties, family reunions, or any large group. 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.

Additional Information

Finance Available
Cash, Conventional, FHA, Investor Financing, Owner May Carry, VA Loan
Taxes
$13,871
Neighborhood
Riverside
Interior Features
Breakfast Area, Entrance Foyer, Kitchen Island, Kitchen/Family Room Combo, Pots And Pan Drawers, Quartz/Quartzite Counters, Tub Shower, Window Treatments, Ceiling Fans, Dining Combo, Dining Combo, Programmable Thermostat
Heating
Central, Electric
Cooling
Central Air, Electric
Stories
2
Lot Description
Subdivision
Foundation
Slab
Carport Spaces
2
Appliances
Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Dryer, Refrigerator, Washer
Roof
Composition
Garage Spaces
2
School District
Houston
Elementary School
Lockhart Elementary School
Middle School
Cullen Middle School (Houston)
High School
Yates High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of CB&A, Realtors.