7338 Fauna St, Houston, TX 77061

$500,000
8
BD
4
BA
3,672
SqFt

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List Price
$500,000
Status
ACTIVE
MLS#
82753729
Price Change
▼ $25,000 1783902389
Days on Market
45
Year Built
1932
Bedrooms
8
Bathrooms
4
Full-baths
4
Living Area
3,672
Lot Size
40,000
Lot Size Source
Appraiser
Subdivision
Robinhood Poultry Farms
Region
3
Market Area
Hobby Area
County
Harris

Property Description

INSTANT EQUITY! Priced significantly below market value being sold AS IS rental ready. A great investment property located near Hobby Airport which includes a total of three homes. Main home consists of 5 bedrooms and 2 bathrooms with a total of 2172 sq ft. Current rent income for the main home is $2,775 per month. Second home is a 2bed/1bath with a loft approximately 800 sq ft. Rental income for the second unit is $1100. Third home a 1bed/1bath approximately 700 sq ft. Rental income for the third unit is $1,150. Homes sit right under 1 acre (40,000 sq ft). Property may also be used as commercial and there are NO RESTRICTIONS. There is much more room on the property to BUILD MORE UNITS for long-term rental or for Airbnb or even RV hook-ups. All units are fully occupied. Please do not disturb tenants.

Additional Information

Taxes
$10,317
Neighborhood
Hobby Area
Heating
Space Heater, Wall Furnace
Cooling
Window/Wall
Stories
2
Roof
Composition
School District
Houston
Elementary School
Garden Villas Elementary School
Middle School
Hartman Middle School
High School
Sterling High School (Houston)

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of ABSOLUTE Realty Group Inc..