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    1031 17Th St Houston, TX 77008

    Sponsored
    For Sale
    Contact for pricing

    Two 3-bed Houston homes, 100% occupied

    Property size:
    2,064 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional investment opportunity presents two charming, three-bedroom, three-and-a-half-bathroom single-family homes located in Houston's desirable Greater Heights/Shady Acres neighborhood. Each home offers approximately 2,064 square feet of living space, boasting high ceilings, balconies, and designer finishes. The thoughtfully designed floor plans feature an entry-level bedroom with a full bath, an open-concept living, dining, and kitchen area on the second floor, and a luxurious primary suite with an additional bedroom on the third floor. Updated appliances and a stunning primary bath with double sinks, a standalone tub, and a spacious walk-in closet are among the many highlights. The homes feature attractive brick entrances, covered porches, and private gated entrances. One unit has a 12-month lease, and the other has an 18-month lease, ensuring immediate cash flow. The properties are currently 100% occupied, making this an ideal investment for those seeking strong returns in a thriving market. The side yards offer potential for further enhancement. This duplex presents a rare opportunity to acquire two high-quality rental properties in a highly sought-after location. The properties are situated at 1031 and 1033 West 17th Street, Houston, Texas, 77008. The combined square footage is between 2,064 and 4,128 square feet, spread across two buildings, each three stories high. This is a turnkey investment opportunity with significant potential for long-term growth and appreciation.

    Property Features for 1031 17Th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,064 SF

    Building Details

    Buildings
    2
    Stories
    3
    Units
    2

    HighLights

    • Exceptional investment opportunity: Two charming, three‑bedroom, three‑and‑a‑half‑bathroom single‑family homes in Houston's Greater Heights/Shady Acres.
    • Each home offers approx. 2,064 sq ft with high ceilings, balconies, and designer finishes.
    • Open‑concept living/dining/kitchen, primary suite with walk‑in closet, and updated appliances.
    • 100% occupied with 12‑month and 18‑month leases providing immediate cash flow.
    • Located at 1031 and 1033 West 17th Street, Houston, TX 77008.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.417268929577
    Latitude
    29.800693897318

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    FAQs

    What type of property is this?
    Multifamily property - Two 3-bed Houston homes, 100% occupied
    Where is this multifamily property located?
    The property is located at 1031 17Th St Houston, TX.
    What are key features of this property?
    This property features: Exceptional investment opportunity: Two charming, three-bedroom, three-and-a-half-bathroom single-family homes in Houston's Greater Heights/Shady Acres.; Each home offers approx. 2,064 sq ft with high ceilings, balconies, and designer finishes.; Open-concept living/dining/kitchen, primary suite with walk-in closet, and updated appliances.
    (281) 477-4384
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    1031 17Th St Houston, TX 77008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1031 17Th St Houston, TX 77008
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