New Listing
Description
Excellent investment opportunity featuring two tenant-occupied single-family homes situated on an oversized approximately 11,000-square-foot lot with a shared tax account. The front home, 3810 Rawley Street, is leased at $1,299 per month through April 30, 2027, while the rear home, 1817 Worms Street, is leased at $1,400 per month through March 10, 2027providing combined scheduled rental income of $2,699 per month. Both residences offer established tenancy and immediate cash flow, and new roofs installed in 2024. Electric and water are on shared meters, with tenants reimbursing the landlord for both utilities. The property also includes a vacant corner portion of the lot offering additional building or redevelopment potential. Conveniently located near major Houston thoroughfares with easy access to Downtown.
Details
| MLS # | 45773508 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 3 |
| Listing Provided By | Goltex Realty Group | Jennifer Galjour |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,632 |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 11000.00 |
Exterior
| Lot Features | Corner Lot |
|---|
Parking
| Parking Features | Electric Gate |
|---|
Taxes
| Tax Annual Amount | 8620 |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77020 |
| Area | 2 |
| Subarea | Denver Harbor |
| Community Name | Chapmans Sec 03 |
| Listing VS Median (in Chapmans Sec 03) | |
Price: $299,900 low | high Med: $146,000 sqft: 1,632 low | high Med: 980 $ / sqft: $184 low | high Med: $173 On site: 3 low | high Med: 287 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77020 |
| Area | 2 |
| Subarea | Denver Harbor |
| Community Name | Chapmans Sec 03 |
| Listing VS Median (in Chapmans Sec 03) | |
Price: $299,900 low | high Med: $146,000 sqft: 1,632 low | high Med: 980 $ / sqft: $184 low | high Med: $173 On site: 3 low | high Med: 287 | |