7338 Fauna St, Houston, TX 77061

Beds
8
Baths
4
Sqft
3,672

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Listed byABSOLUTE Realty Group Inc.
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List Price
$500,000
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Overview

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.

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
2
Number of bedrooms
8
Number of bathrooms
4
Square feet
3,672
Lot size (acres)
0.92
Year built
1932

Utilities

Heating
Wall Heater, Space Heater
Cooling
Window Units

Taxes

Tax Annual Amount (2024)
$10,317

Public schools

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Sourced from: Houston Association of Realtors MLS®#: 82753729 Last checked: …

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