3318 Wichita St, Houston, TX 77004

$1,100,000
9
BD
7
BA
4,915
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,100,000
MLS#
93093319
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional
Year Built
1955
Bedrooms
9
Bathrooms
7
Acres
0.16
Living Area
4,915
County
Harris
Area
4
City
Houston
Subdivision
Southwood

Property Description

Income producing property offering substantial depreciation tax benefits in Houston’s University market area. Consistently occupied with short-term tenants at a 7.5% cap rate. This completely renovated, fully furnished home features 9 bedrooms, 7 bathrooms, 3 living rooms, game room area, lounge areas, washer/dryer, and sleeps up to 18 guests. Designed for large groups, multi-family stays, 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
$8,826
Lot Size
6,900
Lot Description
Subdivision, Side Yard
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
Carpet, Laminate, Tile
Foundation
Slab
Roof
Composition
Stories
2
Garage Spaces
1
Carport Spaces
1
School District
Houston
Elementary School
Lockhart Elementary School
Middle School
Cullen Middle School (Houston)
High School
Yates High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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