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Sold about 3 years ago

$109,900

4 bd 2 ba 1650 sqft

Penhurst St, Houston, TX 77093

Residential SFR Off MLS

Current Rent **

N/A

Projected Rent **

$1,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Houston TX | Fix & Flip or Rental

PRICE REDUCED TO $109,900!

AREA: Houston
SUBDIVISION: Friendly Road Place
4 bedrooms, 2 bathrooms, 1,650 sq ft

Excellent gated investment property with a NEW roof and NEW A/C! Easy access to Hardy Toll Road, 59/69, and less than 20 minutes from Downtown Houston! This home has also been upgraded to include 4 bedrooms and 2 bathrooms. Per the seller, the total square footage is now approximately 1,650 sq ft. Buyer to verify all measurements.

Per previous owner:
--Never flooded
--A/C: 2020
--Roof: 2020
--Foundation: no issues

ARV is approx. $185,000, rent comps are $1,500/month.

→ CALL OR TEXT Rolly Leguizamon at 832-274-0803 if interested.
This one is Cash or Hard Money only.

This offering is subject to American Home Buyer closing on the purchase.

Location:

Penhurst St, Houston, TX 77093

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.