5114 Grantwood Street
Houston, TX 77004
- 3 beds
- 2 baths
- 3,353 sqft
- 9,240 sqft lot
- $246 per sqft
- 1950 build
- – on site
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!
Listing courtesy of HAR / The Advisory Real Estate + Development
Last checked:
Checking…
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Last updated Jan 13, 2025
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MLS# 63031743 —
The Building
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Year Built:1950
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Year Built Source:Appraisal District
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New Construction:No
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Roof:Composition
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Stories:1
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Siding:Cement Board, Wood
Interior
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Countertops:Quartz
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Floors:Tile, Vinyl Plank
Financial & Terms
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Finance Available:Cash Sale, Conventional, Investor
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Price SqFt List:$246.05
Location
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Directions:From 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).
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Latitude:29.713661
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Longitude:-95.356342
The Property
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Parcel Number:041-031-034-0180
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Section Number:1
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Property Type:Multi-Family
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Property Subtype:Multiple Detached Dwellings
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Acres Description:0 up to 1/4 Acres
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Lot Description:Cul-De-Sac
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Lot Size:9,240 Sqft
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Lot Size Source:Appraisal District
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Lot Price SqFt List:89.29
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Total SqFt:3,353 Sqft
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SqFt Source:Appraisal District
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Area:4
Listing Agent
- Contact info:
- Agent phone:
- (832) 841-3858
- Office phone:
- (832) 841-3858
Taxes
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Tax Year:2023
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Tax Rate:$2.13
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Tax Amount:$8,942
Beds
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Total Bedrooms:3
Baths
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Total Baths:2.00
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Full Baths:2
The Listing
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Status:Active
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Disclosures:Sellers Disclosure
Heating & Cooling
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Heat System:Central Electric, Central Gas, Window Unit
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Cool System:Central Electric, Window Units
Utilities
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Energy:Ceiling Fans, Digital Program Thermostat
Appliances
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Microwave:Yes
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Dishwasher:Yes
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Disposal:Yes
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Compactor:No
Schools
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Elementary:LOCKHART ELEMENTARY SCHOOL
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Middle School:CULLEN MIDDLE SCHOOL (HOUSTON)
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High School:YATES HIGH SCHOOL
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School District:27 - Houston
The Community
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Subdivision:Vogel 10 Acs
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Active Community 55:No
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Restrictions:Deed Restrictions
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Management Company:No
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Maintenance Fee:No
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Other Fees:No
Extra Units
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Total Units:4
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Unit Count:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.