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12818042291
Real Estate Company
3403 Pine Ridge Ln, Houston, TX 77088
- $223,500
- 3
- BD
- 2
- BA
- 1,811
- SqFt
- List Price
- $223,500
- Status
- ACTIVE
- MLS#
- 32373916
- Days on Market
- 0
- Year Built
- 1978
- Style
- Traditional
- Bedrooms
- 3
- Bathrooms
- 2
- Full-baths
- 2
- Living Area
- 1,811
- Lot Size
- 7,150
- Lot Size Source
- Appraiser
- Subdivision
- Inwood Pines Sec 04
- Region
- 11
- Market Area
- Northwest Houston
- County
- Harris
Property Description
Tenant-occupied with a lease in place through April 2027, this home offers an established rental opportunity with a calculated cap rate exceeding 5% at the current asking price. The tenant has expressed strong interest in renewing for another year, providing potential for continued occupancy beyond the current lease. Maintenance costs have been very low over the past two years, with records available upon request. Includes appliances, including dishwasher purchased in last 12 months. HVAC unit was replaced since last purchased as well. Situated on an oversized cul-de-sac lot, the home features vaulted ceilings, granite countertops, and a covered back porch overlooking a huge backyard with plenty of space to relax and entertain. An appealing option for investors seeking an income-producing property or buyers planning a future move after the tenancy ends. Low taxes, Low HOA, a fantastic opportunity!
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Additional Information
- Finance Available
- Cash, Investor Financing
- Taxes
- $5,111
- Neighborhood
- Northwest Houston
- Interior Features
- Breakfast Area, Entrance Foyer, Granite Counters, High Ceilings, Kitchen/Family Room Combo, Primary Downstairs, Pantry, Tub Shower, Vanity, Walk-In Closet(s)
- Heating
- Central, Natural Gas
- Cooling
- Central Air, Electric
- Stories
- 1
- Fireplaces
- 1
- Lot Description
- Cul-De-Sac
- Foundation
- Slab
- Appliances
- Dishwasher, Gas Cooktop, Disposal, Gas Oven, Dryer, Refrigerator, Washer
- Roof
- Composition
- Garage Spaces
- 2
- School District
- Aldine
- Elementary School
- Caraway Elementary School (Aldine)
- Middle School
- Garcia Middle School (Aldine)
- High School
- Eisenhower High School
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Listing courtesy of Shannon Property Management.