7338 Fauna St Houston, TX 77061
Property Features for 7338 Fauna St
General Information
- Property type
- Investment
- Standard status
- Pending
- Lot size
- 0.92 Acres
Building Details
- Year built
- 1932
Source:
Elliman
Listing Agent: Donny Luong
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Historic Multifamily Property Near Hobby
This historic property, situated near Hobby Airport, comprises three homes on a lot that sits right under 1 acre (40,000 sq ft). The main house features 5 bedrooms and 2 bathrooms, totaling 2172 sq ft, and generates a monthly rental income of $2,775. The second home, a 2-bedroom, 1-bathroom unit with a loft, offers approximately 800 sq ft and yields $1,200 in monthly rent. The third home, a 1-bedroom, 1-bathroom unit, provides approximately 700 sq ft and produces $1,150 in monthly rental income. The property may also be used commercially and has no restrictions. There is room to build more units for long-term rental, Airbnb, or even RV hook-ups. All units are fully occupied.
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.2917802
- Latitude
- 29.655552
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Three homes near Hobby Airport with income-generating potential.
Where is this multifamily property located?
The property is located at 7338 Fauna St Houston, TX.
What is the asking price?
The asking price for this property is $599,500.
What are key features of this property?
This property features: - High income-producing property generating $5,125 monthly.; - Unrestricted land offers potential for commercial use or additional rental units.; - Large lot size (approx. 1 acre or 40,000 sq ft) providing ample space.
