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10114 Papalote ST Houston, TX 77041
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Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 5,621 sqft
Price per Sqft $70
Subdivision Sommermeyer
MLS Listing ID 78287018
Style Spanish
Bedrooms 9
Full Baths 4
Year Built 1960
Annual Tax Amount $5,945
Tax Year 2023
Lot Size 0.344 Acres
Property Description
A Rare & Exceptional Residential or Commercial Investment Opportunity at an amazingly low price of $70 per Sq Ft! This tremendous property features 5621 Sq Ft, 9 Bedrooms, 4 Bathrooms, 2 kitchens, 2 dining areas, 2 family rooms, a balcony, court yard area, a pool, 2 storage sheds, a 4 car garage, on a 15k Sq Ft. Lot! Currently this property is being used as a Group Home; other potential uses are a Home Health Care Facility, a Nursing Home, Assisted Living, a Cash Flow Long Term Rental or Short Term (rooms rented daily/weekly/monthly), an AirBNB, a Motel, Apartment Complex, or a Primary Residence/Office Space. Also this property could be purchased, renovated for one of the ideal uses, then resold at a massive profit. You could also build additional structures or add tiny homes, endless value add opportunities! There is no HOA & the tax rate is just 2.2%! This property has never flooded! Excellent Location - Close to 290 & Beltway 8! This is truly an Exceptional One of a Kind Property!
Location
State TX
County Harris
Area Spring Branch
Rooms
Other Rooms Den, Formal Dining, Formal Living, Loft, Quarters/Guest House
Interior
Heating Central Gas
Cooling Central Electric
Fireplaces Number 1
Exterior
Garage Attached Garage
Garage Spaces 4.0
Garage Description Double-Wide Driveway, Extra Driveway
Pool In Ground
Roof Type Tile
Building
Lot Description Other
Story 2
Foundation Slab
Sewer Public Sewer
Water Public Water
Structure Type Stucco
New Construction No
Schools
Elementary Schools Kirk Elementary School
Middle Schools Truitt Middle School
High Schools Cypress Ridge High School
School District 13 - Cypress-Fairbanks
Others
Acceptable Financing Cash Sale, Conventional
Listing Terms Cash Sale, Conventional
Special Listing Condition Sellers Disclosure
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Bought with Trust Real Estate