3318 Wichita St, Houston, TX 77004

$1,100,000
9
BD
7
BA
4,915
SqFt

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List Price
$1,100,000
Status
ACTIVE
MLS#
93093319
Days on Market
45
Bedrooms
9
Bathrooms
7
Living Area
4,915
Lot Size
6,900
Area
4

Property Description

Income producing property offering substantial depreciation tax benefits in Houston’s University market area. Consistently occupied with short-term tenants at a 7.5% cap rate. This completely renovated, fully furnished home features 9 bedrooms, 7 bathrooms, 3 living rooms, game room area, lounge areas, washer/dryer, and sleeps up to 18 guests. Designed for large groups, multi-family stays, or corporate travel to name a few. Conveniently located near local restaurants and less than 10 minutes from Texas Medical Center, downtown, museum district, 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.

Additional Information

Taxes
$8,826
Year Built
1955
Garage Spaces
1
Exterior Features
Fence, Paved Driveway, Porch
Interior Features
Breakfast Area, Kitchen Island, Kitchen/Family Room Combo, Pots And Pan Drawers, Pantry, Quartz/Quartzite Counters, Tub Shower, Window Treatments, Ceiling Fans, Dining Combo, Dining Combo, Programmable Thermostat
Roof
Composition
Appliances
Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Dryer, Refrigerator, Washer
Region
4
School District
Houston
Elementary School
Lockhart Elementary School
High School
Yates High School
Middle School
Cullen Middle School (Houston)
Sewer
Public Sewer
Stories
2
Street Name
Wichita St
Street Number
3318
Neighborhood
University Area
Water
Public
Acres
0.16
County
Harris
Foundation
Slab
Heating
Central, Electric
Lot Description
Subdivision, Side Yard

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Listing courtesy of CB&A, Realtors. Contact:

Listing courtesy of Krista Lancton from CB&A, Realtors. Contact: