Off-Market Property at 800 Country Place Dr, Houston, TX 77079

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $89 per day and long-term for an average of $1,950 per month, based on similar listings in the area. Estimated short-term cap rate of 0.6%. Estimated long-term cap rate of 0.1%. A fantastic townhome in the memorial area. Two large bedrooms, two full baths and a powder room. Two car garage. Mostly hardwood floors throughout. No carpet. Kitchen and living area on the first floor. Quartz countertops, stainless steel appliances, and tile floors in the kitchen. Utility room inside the house on the first floor. Refrigerator, washer and dryer included. Large computer loft upstairs with built-in shelves. Owners suite has double vanities and walk-in closet. Small yard. Excellent condition ready for move-in. Completely rebuilt in 2016 due to a lightening fire.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$350
Rental Policy
daily
Yearly Taxes
$4857
Bedrooms
2
Bathrooms
2.5
SQFT
1,358
Furnished
N/A
Year built
2016
Listing Status
Off Market
MLS
49999487

Short-term Rental Potential
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$24,336

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$161

Price/SQFT

Long-term Rental Potential
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$23,400

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,950/mo

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