For Sale

$425,000

HIGHLIGHTS:
  • Active
  • $5,949/month
  • 25 DOM
  • 2 Stories
  • 4 Beds
  • 3 Full & 1 half
  • 1,893 SqFT
Description

Welcome to an exceptional investment opportunity or a fantastic new home at 1505 E 31st in Houston! This property now boasts a newly added fourth bedroom, offering even more space and flexibility. Currently occupied by two tenants and generating a solid $1800 per month in rental income, this residence presents significant potential to increase that figure to over $3,000 monthly, making it a smart financial move. Its prime location is a major draw, situated conveniently near the vibrant HEB downtown, the prestigious University of Houston, and easily accessible public transit options, providing unparalleled convenience for tenants or residents. Don't miss the chance to own a property with both immediate returns and substantial growth potential in a highly desirable area of Houston.

Overview
  • MLS Number: 80471585
  • Type: Single-Family
  • Bedrooms: 4
  • Bathrooms: 3 Full & 1 half
  • Garages: 2 Attached
  • Size: 1,893 SqF
  • Land Size: 3,180 sqft
  • Year Built: 2023
Financial
Price:
$425,000
Price/SqFT:
$224.51
HOA Fee:
Tax Rate:
2.09236 %
Est. Monthly:
$5,949 *
Tax Amount:
$8,893
Amenities and features
  • Patio/Deck
  • Sewer
  • Water Access
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Primary Bedroom:
    19x14
    Bedroom:
    12x12
    Bedroom 2:
    13x13
    Bedroom 3:
    11x11
  • Floors:
    Engineered Wood
    Countertop:
    Quartz
    Bathroom Description:
    Primary Bath: Double Sinks,Half Bath,Primary Bath: Separate Shower,Secondary Bath(s): Tub/Shower Combo
    Bedroom Desc:
    Primary Bed - 2nd Floor,Walk-In Closet
    Kitchen Desc:
    Island w/o Cooktop,Kitchen open to Family Room
    Room Description:
    Utility Room in House,1 Living Area
    Heating:
    Central Gas
    Cooling:
    Central Electric
    Connections:
    Electric Dryer Connections,Washer Connections
    Dishwasher:
    Yes
    Disposal:
    Yes
    Compactor:
    No
    Microwave:
    Yes
    Range:
    Gas Cooktop,Gas Range
    Oven:
    Electric Oven
    Energy Feature:
    Ceiling Fans,Digital Program Thermostat
  • Roof:
    Composition
    Foundation:
    Slab
    Private Pool:
    No
    Exterior Type:
    Brick,Cement Board
    Lot Description:
    Cleared
    Water Sewer:
    Public Sewer,Public Water
    Exterior:
    Patio/Deck

Listed By:
Andre Beraud

Brooks & Davis Real Estate

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