4910 Southwind ST new Save Request In-Person Tour Request Virtual Tour
Houston,TX 77033
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,235 sqft
Price per Sqft $141
Subdivision South Park Sec 03
MLS Listing ID 96951063
Style Contemporary/Modern
Bedrooms 3
Full Baths 1
Year Built 1955
Annual Tax Amount $2,941
Tax Year 2024
Lot Size 5,131 Sqft
Property Sub-Type Detached
Property Description
Stabilized 12-Home SFR Portfolio | Houston, TX | $142K NOI | 5.5% Cap | Rent Growth & Market Appreciation Potential *** OPPORTUNITY ZONE ***
This home was completely rebuilt in 2020 following fire damage, with all-new plumbing, electrical, roofing, siding, interior finishes, and structural components, creating a near-new construction standard. The property features high-quality upgrades, including granite countertops, stainless steel appliances, and modern fixtures, positioning it as a premium rental within the portfolio.
Condition & Value-Add:
While the property is in excellent condition, current rent is below market due to historical neighborhood factors. However, these have been mitigated—the adjacent drug house has been removed, and new construction is underway across the street, signaling neighborhood improvement and supporting future rent growth. With a month-to-month lease, investors have immediate flexibility to adjust rents or reposition the asset.
Location
State TX
County Harris
Area 3
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Plank,Vinyl
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Fence,Private Yard
Fence Back Yard
Roof Type Composition
Building
Lot Description Subdivision
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Kelso Elementary School
Middle Schools Attucks Middle School
High Schools Worthing High School
School District 27 - Houston