Income producing property offering substantial depreciation tax benefits in Houston’s historic community of Riverside. Consistently occupied with short-term tenants at a 7.5% cap rate. This completely renovated, fully furnished home features 8 bedrooms, 8 bathrooms, oversized living room, game room, two staircases, washer/dryer, and sleeps up to 16 guests. Enjoy peace of mind with a fully fenced yard and driveway gate that opens to a gravel parking area for multiple vehicles. Conveniently located near local restaurants and less than 10 minutes from Texas Medical Center, downtown, sports stadiums, and major universities. This turnkey property is a great choice for both new and seasoned investors looking to combine income generation with tax efficiency.
| Date | Event | Price |
|---|---|---|
| · | New | $7,000 |
| Room | Level | Size |
|---|---|---|
| Bedroom | Second | 12 × 19.5 |
| Dining Room | First | 24.5 × 12 |
| Bedroom | Second | 10.5 × 15 |
| Bedroom | First | 11.5 × 12 |
| Living Room | First | 37 × 15 |
| Bedroom | First | 12 × 10 |
| Game Room | First | 26 × 15 |
| Bedroom | Second | 10 × 12 |
| Kitchen | First | 18 × 7.5 |
| Den | Second | 11 × 16 |
| Bedroom | Second | 12 × 11 |
| Bedroom | Second | 12 × 15 |
| Bedroom | Second | 13 × 15 |