5518 Deep Forest Dr, Houston, TX 77092

3,215 Sqft. ($123/Sqft.)

8,510 Lot Sqft

Multi-Family - Duplex

11 Day(s) on Market

Audio narrative

Description

Have you been looking for a reliable rental property that will provide positive cash flow? Look no further, this Oak Forest West duplex fits the bill! A long list of upgrades and improvements come with this property, including NEW SIDING, NEW WATER HEATERS, RECENT ROOF and AC REPLACEMENT (2018) See the complete list in the attached documents! Three bedrooms on each side make this an extremely desirable rental, and the vacancy rate has been under 10%! The location is prime for commuting with easy access to SH 290 and the 610 Loop, and many nearby options for dining, shopping and recreation. This is an incredible investment opportunity to start building wealth and equity! Live in one side while leasing the other, or lease both sides! Tenants are currently in place. The rental market continues to stay strong in Houston, now is the time to act!

Documents

Upgrade List

MLS#

39252746

List Price

$395,000 ($123/Sqft.)

Listing Status

For Sale

Address

5518 Deep Forest Dr

City

Houston

State

Zip Code

77092

County

Harris County

Subdivision

Forest West Sec 01 (View subdivision price trend)

Legal Description

LT 26 BLK 1 FOREST WEST SEC 1

Property Type

Multi-Family - Duplex

Stories

Building Size

3,215 Sqft/Appraisal District

Year Built

1968 /Appraisal District

Lot Size

8,510 Sqft./Appraisal District

Maintenance Fee

$199 / Annually

Key Map©

451B

Market Area

Oak Forest West Area

Property website

Property map

Street
view

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directions

PRESENTED BY

Marilly Mendez Platinum

Keller Williams Elite

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Exterior

Roof

Composition

Exterior Type

Brick, Vinyl

Lot Description

Other

Parking

Carport Parking, Paved Area

Parking Unit

Two

Front Door Face

West

Interior

Countertop

Laminate

Floors

Carpet, Concrete, Tile

Cooling

Central Electric

Heating

Central Electric

Dishwasher

Yes

Disposal

Yes

Energy Feature

Ceiling Fans, Energy Star Appliances, Insulated/Low-E windows, Digital Program Thermostat, Attic Vents

Rooms

3 Bdr #

Lot information

Lot Size

8,510 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, VA

Other Fees

Maintenance Fee

Yes / $199 / Annually

Maint Fee Includes

Recreational Facilities

Taxes w/o Exemp

$5,184/2023

Tax Rate

2.0148

Additional information

List Type

Exclusive Right to Sell/Lease

Unit Feature

Carpets

Buyer Agent Compensation*

Sub Agent Compensation*

*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

This property may be eligible for 34 programs and up to $19,750 in down payment assistance. See More →

Mortgage

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LIST PRICE

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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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.