3311 Arbor St, Houston, TX 77004

$1,300,000
9
BD
9
BA
5,952
SqFt

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List Price
$1,300,000
MLS#
12142113
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional
Year Built
1952
Bedrooms
9
Bathrooms
9
Acres
0.16
Living Area
5,952
County
Harris
Area
4
City
Houston
Subdivision
Haden Terrace

Property Description

Income producing property offering substantial depreciation tax benefits in Houston’s University market area. Consistently occupied with short-term tenants at an 8.8% cap rate. This completely renovated, fully furnished home features 9 bedrooms, 9 bathrooms, 3 living rooms, game room area, lounge area, office, washer/dryer, and sleeps up to 18 guests. Designed for large groups, retreats, family getaways, 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

Unexempt Taxes
$13,107
Lot Size
7,150
Lot Description
Subdivision
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
Flooring
Laminate
Foundation
Pillar/Post/Pier, Slab
Roof
Composition
Stories
2
School District
Houston
Elementary School
Lockhart Elementary School
Middle School
Cullen Middle School (Houston)
High School
Yates High School

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Calculator source: Real Geeks

Listing courtesy of Krista Lancton from CB&A, Realtors. Contact: