5008 Park Drive

Houston, TX 77023
$550,000
1728 sqft | 3 beds | 2 baths | 0.35 acres | #55263987

Description

INVESTOR SPECIAL! This 4-bedroom, 2-1 bathroom home sits on an expansive 15,370 sq ft lot, offering endless potential for transformation. Excellent location, established highly sought-after area of East End Revitalization. This single family home w/detached garage has a ton of potential. HUGE LOT (15,370) in the heart of Houston's Eastside. Some rehab was done, added primary room on 1st floor with bathroom, windows, flooring, staircase & added half bath & is ready to be finished out or torn down & build 8 units (See attached Site Plan). AS-IS, NO SELLER REPAIRS, CASH SALE. Lots of revitalization in & around this beautiful Eastside community. Nestled in a highly desirable area, the property is conveniently located near restaurants, shopping, & the University of Houston, adding to its allure for potential tenants. Commuting is a breeze with easy access to major highways such as I-45, 59, and I-10, enhancing the property's connectivity and attractiveness for both residents and investors.

  • Interior Details
    • Interior Features
      • Interior:Formal Entry/Foyer, High Ceilings, All Bedrooms Up, Primary Bed - 2nd Floor
      • Fireplaces:1
    • Beds & Baths
      • Bedrooms:3
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • Lot description:Back Yard, Subdivided, 1/4 Up to 1/2 Acre
    • Measurements
      • Acres:0.3528
      • Square Feet:1728
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Style:Traditional
    • Condition
      • Year built:1940
    • Material information
      • Foundation:Pillar/Post/Pier
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:Dor Ruth Court
    • Location
      • School district:27 - Houston
      • Elementary School:CAGE ELEMENTARY SCHOOL
      • Middle School:Navarro Middle School (Houston)
      • High School:AUSTIN HIGH SCHOOL (HOUSTON)
      • County:Harris
  • Financial Details
    • Pricing Details
      • Taxes annual:$12, 794
  • Other
    • Source
      • MLS #:55263987

Location

Gretchen BartonReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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