Houston, TX 77004 5114 Grantwood Street
$825,000
45 more
Presented By: The Advisory Real Estate + Development;
Home Details
This currently operated STR is a golden income opportunity for either an investor or an owner-occupant!! This completely renovated property includes a 3BR/2BTH home with the added bonus of 3 garage apartments with high income potential! The main house features quartz counters, SS appliances, a huge island for entertaining, designer finishes, refrigerator & W/D included and more! Of the garage apartments at the rear of the property, 2 have been recently updated (a large studio unit up and a 2BR/1BTH unit down) and the 3rd unit is a well maintained 1BR/1BTH. Current cap rate is 10% and with this large lot there is additional potential to build more rental units! The location can’t be beat - just minutes away from the University of Houston, the TX Medical Center, Reliant Stadium, Downtown & more! Whether owner-occupied, utilized as AirBnBs (NO HOA) or as long term rentals, this is the ideal place for guests to Come Stay Where They Play!
Presented By: The Advisory Real Estate + Development;
Interior Features for 5114 Grantwood Street
Bedrooms
Total Bedrooms3
Bathrooms
Total Baths2.00
Other Interior Features
Compactor0
CountertopsQuartz
Microwave1
Unit Count4
Sq Ft Total3353
Sq Ft SourceAppraisal District
Cool SystemCentral Electric, Window Units
Dishwasher1
Disposal1
FloorsTile, Vinyl Plank
General for 5114 Grantwood Street
Census Tract3129.01
CityHouston
CountyHarris
DOM
DirectionsFrom Downtown: Take 59S to 288S - Exit Southmore - turn L. Take a L on Grantwood (just before Scott). 2nd from last home on L (street dead ends).
DisclosuresSellers Disclosure
Elementary SchoolLOCKHART ELEMENTARY SCHOOL
EnergyCeiling Fans, Digital Program Thermostat
Fee Other
Finance AvailableCash Sale, Conventional, Investor
Full Baths2
Geo Market AreaUniversity Area
HeatingCentral Electric, Central Gas, Window Unit
High SchoolYATES HIGH SCHOOL
List TypeExclusive Right to Sell/Lease
Maintenance Fee Y/N0
Middle SchoolCULLEN MIDDLE SCHOOL (HOUSTON)
New Construction0
Property TypeMulti-Family
RestrictionsDeed Restrictions
RoofComposition
School District27 - Houston
StatusActive
Stories1
Sub TypeMultiple Detached Dwellings
SubdivisionVogel 10 Acs
Tax Rate2.1298
Tax Year2023
Unit Total4
Year Built1950
Yearly Taxes8942
Exterior for 5114 Grantwood Street
Lot DescriptionCul-De-Sac
Lot Size9240
Lot Size SourceAppraisal District
SidingCement Board, Wood
Additional Details
Price History
Schools
Elementary School
Lockhart Elementary School
Middle School
Cullen Middle School (Houston)
High School
Yates High School
Jeffrey Whitespeare
Founder/Owner