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LJ McGowan

lj.mcgowan@engelvoelkers.com +1(832) 287-3042

$ 345,000

Est. payment -/mo

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Pending

5518 Deep Forest DR Houston, TX 77092

6 Beds

4 Baths

3,215 SqFt

UPDATED:

10/28/2024 05:15 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,215 sqft

Price per Sqft $107

Subdivision Forest West Sec 01

MLS Listing ID 16663739

Bedrooms 6

Full Baths 4

HOA Fees $199/ann

Year Built 1968

Annual Tax Amount $5,184

Tax Year 2023

Lot Size 8,510 Sqft

Property Description

Have you been looking for a reliable rental property that will provide positive cash flow? Look no further, this Oak Forest West duplex fits the bill! A long list of upgrades and improvements come with this property, including NEW SIDING, NEW WATER HEATERS, RECENT ROOF and AC REPLACEMENT (2018) See the complete list in the attached documents! Three bedrooms on each side make this an extremely desirable rental, and the vacancy rate has been under 10%! The location is prime for commuting with easy access to SH 290 and the 610 Loop, and many nearby options for dining, shopping and recreation. This is an incredible investment opportunity to start building wealth and equity! Live in one side while leasing the other, or lease both sides! Tenants are currently in place. The rental market continues to stay strong in Houston, now is the time to act!

Location

State TX

County Harris

Area Oak Forest West Area

Interior

Heating Central Electric

Cooling Central Electric

Flooring Carpet, Concrete, Tile

Exterior

Utilities Available Cable, Electric, Water

Roof Type Composition

Building

Lot Description Other

Faces West

Story 2

Unit Features Carpets

Structure Type Brick,Vinyl

New Construction No

Schools

Elementary Schools Wainwright Elementary School

Middle Schools Clifton Middle School (Houston)

High Schools Scarborough High School

School District 27 - Houston

Others

HOA Fee Include Recreational Facilities

Senior Community No

Restrictions Deed Restrictions

Tax ID 096-559-000-0026

Energy Description Attic Vents,Ceiling Fans,Digital Program Thermostat,Energy Star Appliances,Insulated/Low-E windows

Acceptable Financing Cash Sale, Conventional, FHA

Tax Rate 2.0148

Disclosures Sellers Disclosure, Tenant Occupied

Listing Terms Cash Sale, Conventional, FHA

Financing Cash Sale,Conventional,FHA

Special Listing Condition Sellers Disclosure, Tenant Occupied

Houston Association of Realtors (HAR MLS)

Listed by Redfin Corporation

LJ McGowan

Advisor | License ID: 716427

+1(832) 287-3042

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