Active

10114 Papalote Street

Houston TX, 77041

$395,000


$70.27 per sqft

Active

9 Beds

4 Baths

5,621 sqft

Residential

Built in 1960

A Rare & Exceptional Residential or Commercial Investment Opportunity at an amazingly low price of $70 per Sq Ft! This tremendous property features 5621 Sq Ft, 9 Bedrooms, 4 Bathrooms, 2 kitchens, 2 dining areas, 2 family rooms, a balcony, court yard area, a pool, 2 storage sheds, a 4 car garage, on a 15k Sq Ft. Lot! Currently this property is being used as a Group Home; other potential uses are a Home Health Care Facility, a Nursing Home, Assisted Living, a Cash Flow Long Term Rental or Short Term (rooms rented daily/weekly/monthly), an AirBNB, a Motel, Apartment Complex, or a Primary Residence/Office Space. Also this property could be purchased, renovated for one of the ideal uses, then resold at a massive profit. You could also build additional structures or add tiny homes, endless value add opportunities! There is no HOA & the tax rate is just 2.2%! This property has never flooded! Excellent Location - Close to 290 & Beltway 8! This is truly an Exceptional One of a Kind Property!

78287018

MLS ID

April 18, 2024

Listed

April 23, 2024

Updated

Map

10114 Papalote Street
Houston TX, 77041

Interior Features

Total Stories

2


Bedrooms

9


Total Bathrooms

4


Interior Features

All Bedrooms Up


Appliances

Disposal, Dishwasher


Fireplace

Yes


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.34 Acres


Lot Features

Other, 1/4 Up to 1/2 Acre


Architectual Style

Spanish


Roof

Tile


Sewer

Public Sewer

School Information

School District

13 - Cypress-Fairbanks


High School

Cypress Ridge High School


Elementary School

Kirk Elementary School

Other Property Details

Area Name

24


Taxes

$5,945


Tax Frequency

Annually


Days on Market

5


Garage

Yes


Garage Spaces

4


Parking

Attached, Double-Wide Driveway, Extra Driveway


View

No


County

Harris


Water Source

Public


Pool

Yes


Pool Features

In Ground


Buyer Agency Compensation

3%

 

Courtesy of Trust Real Estate, Brian Carter 

Based on information from the Houston Association of REALTORS as of 4/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 9:08 PM UTC, 4/23/2024

 

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