3318 Wichita St, Houston, TX 77004

$1,100,000
9
BD
7
BA
4,915
SqFt

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List Price
$1,100,000
Status
ACTIVE
MLS#
93093319
Days on Market
45
Year Built
1955
Style
Traditional
Bedrooms
9
Bathrooms
7
Full-baths
7
Living Area
4,915
Lot Size
6,900
Lot Size Source
Appraiser
Subdivision
Southwood
Region
4
Market Area
University Area
County
Harris

Property Description

Income producing property offering substantial depreciation tax benefits in Houston’s University market area. Consistently occupied with short-term tenants at a 7.5% cap rate. This completely renovated, fully furnished home features 9 bedrooms, 7 bathrooms, 3 living rooms, game room area, lounge areas, washer/dryer, and sleeps up to 18 guests. Designed for large groups, multi-family stays, or corporate travel to name a few. 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.

Additional Information

Finance Available
Cash, Conventional, FHA, Investor Financing, Owner May Carry, VA Loan
Taxes
$8,826
Neighborhood
University Area
Interior Features
Breakfast Area, Kitchen Island, Kitchen/Family Room Combo, Pots And Pan Drawers, Pantry, 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, Side Yard
Foundation
Slab
Carport Spaces
1
Appliances
Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Dryer, Refrigerator, Washer
Roof
Composition
Garage Spaces
1
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.