44537 Old Houston Hwy, Prairie View, TX 77445

$650,000
3,808
SqFt

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List Price
$650,000
Status
ACTIVE
MLS#
85926474
Price Change
▼ $45,000 1784150335
Days on Market
126
Year Built
2014
Style
Fourplex
Living Area
3,808
Lot Size
18,757
Lot Size Source
Appraiser
Subdivision
Judith Daniels Lot 1
Region
26
Market Area
Waller
County
Waller

Property Description

Rental square footage is 5400 SqFt. Current rent roll is $6,500.00 monthly. Laundry and utility income is $1,000.00 monthly on average. Annual income on average is $ 90,000.00. Exceptional income-producing property located just minutes from Highway 290 in rapidly growing Prairie View. This four-unit property offers immediate cash flow with strong rental demand driven by nearby Prairie View A&M University and continued area development. Each unit is well-positioned for consistent occupancy. Ideal workforce rentals, or long-term tenants. Additional SqFt upstairs. Strategically located near US-290, offering quick access to Houston while still benefiting from the quieter, high-demand rental market of Prairie View. Property Highlights:    •   4 income-producing units possible expansion of two more.    •   Gross income $7,500 monthly which includes utilities    •   Close to Prairie View A&M University    •   Easy access to Highway 290

Additional Information

Taxes
$12,988
Neighborhood
Waller
Heating
Central, Electric
Cooling
Central Air, Electric
Stories
1
Utilities
Water Available
Lot Description
Cleared
Roof
Composition
School District
Waller
Elementary School
H T Jones Elementary School
Middle School
Waller Junior High School
High School
Waller High School

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Properties.