5114 Grantwood Street

Houston, TX 77004
$825,000
3353 sqft | 3 beds | 2 baths | 0.21 acres | #5770349

Description

This currently operated STR is a golden income opportunity for either an investor or an owner-occupant!! This completely renovated property includes a 3BR/2BTH home with the added bonus of 3 garage apartments with high income potential! The main house features quartz counters, SS appliances, a huge island for entertaining, designer finishes, refrigerator & W/D included and more! Of the garage apartments at the rear of the property, 2 have been recently updated (a large studio unit up and a 2BR/1BTH unit down) and the 3rd unit is a well maintained 1BR/1BTH. Current cap rate is 10% and with this large lot there is additional potential to build more rental units! The location can’t be beat - just minutes away from the University of Houston, the TX Medical Center, Reliant Stadium, Downtown & more! Whether owner-occupied, utilized as AirBnBs (NO HOA) or as long term rentals, this is the ideal place for guests to Come Stay Where They Play!

  • Interior Details
    • Interior Features
      • Interior:Countertops(Quartz)
    • Beds & Baths
      • Bedrooms:3
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • Lot description:Cul-De-Sac
      • Exterior materials:Private Entrance
    • Measurements
      • Acres:0.2121
      • Square Feet:3353
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1950
  • Community and Neighborhood Details
    • Community
      • Subdivision:Vogel 10 Acs
    • Location
      • School district:27 - Houston
      • Elementary School:LOCKHART ELEMENTARY SCHOOL
      • Middle School:Cullen Middle School (Houston)
      • High School:YATES HIGH SCHOOL
      • County:Harris
  • Financial Details
    • Pricing Details
      • Taxes annual:$8, 942
  • Other
    • Source
      • MLS #:5770349

Location

Nickolas LopezReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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