5114 Grantwood Street Houston, TX $ 825,000
5114 Grantwood Street
$ 825,000
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5114 Grantwood Street

Houston, TX, 77004
$ 825,000
Bedrooms3 Baths2.0 Sq 3,353

Monthly Estimate*

$ 5,483

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Multi-Family Home for sale in Houston, TX

for $825,000 with 3 bedrooms and 2 full baths. This 3,353 square foot home was built in 1950 on a lot size of 0.212121.

Wonderful income opportunity for either an investor or an owner-occupant!! This completely renovated property includes a 3BR/2BTH home with the added bonus of 3 garage apartments with so much income potential! The main house features quartz counters, SS appliances, a huge island for entertaining, designer finishes, refrigerator & W/D included and more! Of the garage apartments at the rear of the property, 2 have been recently updated (a large studio unit up and a 2BR/1BTH unit down) and the 3rd unit is a well maintained 1BR/1BTH. Current cap rate is 9.5% and with this large lot there is additional opportunity to build more rental units! The location can’t be beat - just minutes away from the University of Houston, the TX Medical Center, Reliant Stadium, Downtown & more! Whether owner-occupied, utilized as AirBnBs (NO HOA) or as long term rentals, this is the ideal place for guests to Come Stay Where They Play!

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Multi-Family Active

Price

$ 825,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,942

Style

Multi-Family

Lot Size

0.212121

Year Built

1950

Town/City

Houston

County/Region

Harris

MLS | Web ID

70573407

Features
General
Heating Central Electric Central Gas Window Unit
Roof Composition
Restrictions Deed Restrictions
Full Baths 2
Year Built 1950
New Construction 0
Subdivision Vogel 10 Acs
Stories 1
County Harris
Tax Rate 2.1298
Property Type Multi-Family
Yearly Taxes 8942
Tax Year 2023
Status Active
Sub Type Multiple Detached Dwellings
Directions From Downtown: Take 59S to 288S - Exit Southmore - turn L. Take a L on Grantwood (just before Scott). 2nd from last home on L (street dead ends).
City Houston
Disclosures Sellers Disclosure
School District 27 - Houston
Street Name Grantwood
Geo Market Area University Area
DOM 78
Maintenance Fee Y/N 0
Elementary School LOCKHART ELEMENTARY SCHOOL
Middle School CULLEN MIDDLE SCHOOL (HOUSTON)
Finance Available Cash Sale Conventional FHA Investor Owner Financing VA
High School YATES HIGH SCHOOL
List Type Exclusive Right to Sell/Lease
Unit Total 4
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Interior
Unit Features Fireplace Furnished Window Coverings
Total Bedrooms 3
Floors Tile Vinyl Plank
Disposal 1
Refrigerator 1
Range 1
Dishwasher 1
Total Baths 2.00
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Exterior
Lot Size Source Appraisal District
Lot Size 9240
Lot Description Cul-De-Sac
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* Excluded Features
List By
The Advisory Real Estate + Development

Broker

oscar@theadvisoryhtx.com

Email

Affordability Calculator

$6,228
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,483
Monthly Property Taxes
$745
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1770743 Elementary School
1770835 Middle School
Yates High School High School
Pricing History
DatePricePrice ChangeDescription
2/28/2024$825,000 Listed Price

Map


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5114 Grantwood Street, Houston, TX, 77004 is a Multi-Family Home for sale at $825,000 with 3,353 sqft and a lot size of 0.212121. 5114 Grantwood Street has 3 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 77004 which is in Houston, TX