9849 Mesa Dr, Houston, TX 77078
- $1,200,000
- 2
- BD
- 1
- BA
- 8,490
- SqFt
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- 73391844
- Days on Market
- 367
- Year Built
- 1960
- Bedrooms
- 2
- Bathrooms
- 1
- Full-baths
- 1
- Living Area
- 8,490
- Lot Size
- 19,274
- Lot Size Source
- Appraiser
- Subdivision
- Smiley Place Sec 01
- Region
- 2
- Market Area
- Northeast Houston
- County
- Harris
Property Description
Excellent value-add investment opportunity in a developing pocket of Northeast Houston. This 15-unit property features 10 studio apartments along with 1-bedroom and 2-bedroom layouts, situated on an expansive 19,274 square foot lot. The property is fully occupied on stable short-term and month-to-month leases, providing immediate cash flow on day one. Strong upside potential through targeted renovations to align with rising neighborhood rents, or full redevelopment leveraging the large lot footprint. New construction is active in the immediate surrounding area. Tenant occupied—please do not disturb occupants.
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Additional Information
- Taxes
- $12,343
- Neighborhood
- Northeast Houston
- Heating
- Window Unit(s)
- Cooling
- Central Air, Electric, Gas, Window/Wall
- Stories
- 2
- Roof
- Other
- School District
- Houston
- Elementary School
- Hilliard Elementary School
- Middle School
- Forest Brook Middle School
- High School
- North Forest High School
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Listing courtesy of SES Real Estate Group.