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$ 1,200,000
Est. payment /mo
Active
9849 Mesa DR Houston, TX 77078
2 Beds
1 Bath
8,490 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,490 sqft
Price per Sqft $141
Subdivision Smiley Place Sec 01
MLS Listing ID 73391844
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1960
Annual Tax Amount $12,343
Tax Year 2024
Property Sub-Type Multi Family
Property Description
Excellent value-add investment opportunity in a developing pocket of Northeast Houston. This 15-unit property features 10 studio apartments along with 1-bedroom and 2-bedroom layouts, situated on an expansive 19,274 square foot lot. The property is fully occupied on stable short-term and month-to-month leases, providing immediate cash flow on day one. Strong upside potential through targeted renovations to align with rising neighborhood rents, or full redevelopment leveraging the large lot footprint. New construction is active in the immediate surrounding area. Tenant occupied—please do not disturb occupants. Contact agent for financial details and showing instructions
Location
State TX
County Harris
Area Northeast Houston
Interior
Heating Window Unit
Cooling Central Air, Electric, Gas, Window Unit(s)
Fireplace No
Exterior
Roof Type Other
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
Elementary Schools Hilliard Elementary School
Middle Schools Forest Brook Middle School
High Schools North Forest High School
School District 27 - Houston
Others
Tax ID 079-079-005-0055
Listed by SES Real Estate Group Eduardo Pena