5114 Grantwood St

Houston, TX 77004
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3,353 Sqft. ($246/Sqft.)
9,240 Lot Sqft
Multi-Family - Multiple Detached Dw

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Description

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!

MLS#
5770349
List Price
$825,000 ($246/Sqft.)
Listing Status
For Sale
Address
5114 Grantwood St
City
State
TX
Zip Code
County
Subdivision
Vogel 10 Acs
Legal Description
TR 31 ABST 75 H TIERWESTER
Property Type
Multi-Family - Multiple Detached Dw
Stories
1
Building Size
3,353 Sqft/Appraisal District
Year Built
1950 /Appraisal District
Lot Size
9,240 Sqft./Appraisal District
Key Map©
533H
Market Area

Exterior

Roof
Composition
Lot Description
Cul-De-Sac

Interior

Countertop
Quartz
Floors
Tile, Vinyl Plank
Cooling
Central Electric, Window Units
Heating
Central Electric, Central Gas, Window Unit
Compactor
No
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Energy Feature
Ceiling Fans, Digital Program Thermostat

Lot information

Lot Size
9,240 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, FHA, Investor, Owner Financing, VA
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$8,942/2023
Tax Rate
2.1298

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Furnished,Fireplace,Window Coverings
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Noise factors

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Source

Houston Association of REALTORS
Source last updated Jul 03, 2024 at 08:17 PM
Listing last updated Jul 03, 2024 at 09:47 AM

5114 Grantwood St, Houston, TX 77004. View photos, map, tax, nearby homes for sale, home values, school info...

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