811 E 23rd St, Houston, TX 77009

$990,000
5
BD
5
BA
3,067
SqFt

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List Price
$990,000
Status
ACTIVE
MLS#
26277602
Price Change
▼ $60,000 1779349836
Days on Market
114
Year Built
1920
Style
Craftsman
Bedrooms
5
Bathrooms
5
Full-baths
5
Living Area
3,067
Lot Size
10,061
Lot Size Source
Survey
Subdivision
Magnola Manor/20 Third Street
Region
9
Market Area
Heights/Greater Heights
County
Harris

Property Description

Amazing and unrivaled opportunity consisting of 10,061 sq ft of land that consists of 3 replatted lots, and 4 total small homes. All homes are income producing, except 1 which was remodeled and rebuilt with a high end luxury finish, perfect for a young professional or office space. Potential of total combined income of $8k, or higher with AirBnb. Currently leased for $1900, $1650, and $1250, with the vacant and higher end 2/2 home able to lease for up to $3k. Great opportunity for a buyer that sees the long term value in the Heights, but doesn't just want land that won't produce. These assets will produce for you while you wait for your long term vision to develop. 811 is a 1 bedroom 1 bath home, 813 is a 2 bed 2 bath home, and 815 consists of 2 tiny homes which are studios with a full bathroom and utility area. 813 is currently about 90% finished.

Additional Information

Finance Available
Cash, Conventional, Investor Financing
Taxes
$5,611
Neighborhood
Heights/Greater Heights
Heating
Central, Electric, Natural Gas
Cooling
Central Air, Electric
Stories
1
Lot Description
Other
Foundation
Slab
Appliances
Microwave
Roof
Composition
School District
Houston
Elementary School
Field Elementary School
Middle School
Hamilton Middle School (Houston)
High School
Heights High School

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Calculator source: Real Geeks

Listing courtesy of Compean Group.