4913 Chennault Road
Houston, TX 77033
1040 sqft | 3 beds | 1 bath | 0.16 acres | #36231859
Description
Stabilized 12-Home SFR Portfolio | Houston, TX | $142K NOI | 5.5% Cap | Rent Growth & Market Appreciation Potential *** OPPORTUNITY ZONE *** (Seller will not sell home individually)
This home was completely renovated in 2016, including new electrical, plumbing, roof, siding, exterior paint, flooring, and all interior finishes, ensuring modern construction standards and reduced long-term maintenance costs. A new driveway was added in October 2024, further enhancing functionality and curb appeal.
Condition & Value-Add:
The property is structurally sound and fully updated, with only a minor aesthetic opportunity—adding an additional front window for improved curb presence—which is relatively inexpensive to implement. With these updates and a lease secured through January 2026, this home offers strong income stability and minimal near-term CapEx.
Perfect of institutional investors!
Property Details
- Lot DescriptionSubdivided, 0 Up To 1/4 Acre
- Elementary SchoolKELSO ELEMENTARY SCHOOL
- Property SubtypeSingle Family Residence
- Middle SchoolAttucks Middle School
- High SchoolWORTHING HIGH SCHOOL
- StyleContemporary/Modern
- InteriorAll Bedrooms Down
- Structure TypeFree Standing
- Sewer InformationPublic Sewer
- School District27 - Houston
- SubdivisionSouth Park
- Property TypePurchase
- MLS #36231859
- MLS #36231859
- Acres0.1585
- Utility SourcePublic
- CountyHarris
- Taxes Annual$3,120
- Cost225000
- Square Feet1040
- Year Built1950
- FoundationSlab
- Bedrooms3
- Bathrooms1
- Full Baths1
Location
Legal
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Last Updated:Â . Source: HARMLS
Listing Courtesy
Listing Agent: Jerome Love (#JLOVE)
Listing Office: LHS Realty Group (#LHSR01)
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